14,918 Shares in First Trust Managed Municipal ETF (NASDAQ:FMB) Acquired by M Holdings Securities Inc.

M Holdings Securities Inc. acquired a new position in shares of First Trust Managed Municipal ETF (NASDAQ:FMBGet Rating) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 14,918 shares of the company’s stock, valued at approximately $792,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Avantax Planning Partners Inc. increased its holdings in shares of First Trust Managed Municipal ETF by 718.2% in the 1st quarter. Avantax Planning Partners Inc. now owns 833,889 shares of the company’s stock valued at $44,246,000 after acquiring an additional 731,977 shares during the period. Sequoia Financial Advisors LLC increased its holdings in shares of First Trust Managed Municipal ETF by 3,549.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 489,850 shares of the company’s stock valued at $25,991,000 after acquiring an additional 476,427 shares during the period. Jane Street Group LLC acquired a new position in shares of First Trust Managed Municipal ETF in the 1st quarter valued at $22,555,000. UBS Group AG increased its holdings in shares of First Trust Managed Municipal ETF by 15.3% in the 1st quarter. UBS Group AG now owns 2,101,471 shares of the company’s stock valued at $111,504,000 after acquiring an additional 279,580 shares during the period. Finally, Flow Traders U.S. LLC increased its holdings in shares of First Trust Managed Municipal ETF by 686.3% in the 1st quarter. Flow Traders U.S. LLC now owns 190,095 shares of the company’s stock valued at $10,086,000 after acquiring an additional 165,919 shares during the period.

First Trust Managed Municipal ETF Price Performance

Shares of FMB opened at $49.97 on Friday. The company’s fifty day moving average is $51.13 and its two-hundred day moving average is $51.63. First Trust Managed Municipal ETF has a 1 year low of $49.95 and a 1 year high of $57.40.

First Trust Managed Municipal ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 31st. Shareholders of record on Wednesday, August 24th were paid a $0.108 dividend. This is a boost from First Trust Managed Municipal ETF’s previous monthly dividend of $0.11. This represents a $1.30 annualized dividend and a yield of 2.59%. The ex-dividend date was Tuesday, August 23rd.

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Institutional Ownership by Quarter for First Trust Managed Municipal ETF (NASDAQ:FMB)

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