Cetera Advisor Networks LLC Has $4.92 Million Holdings in First Trust Municipal High Income ETF (NASDAQ:FMHI)

Cetera Advisor Networks LLC lifted its holdings in First Trust Municipal High Income ETF (NASDAQ:FMHIFree Report) by 562.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,126 shares of the company’s stock after purchasing an additional 87,562 shares during the quarter. Cetera Advisor Networks LLC owned 0.92% of First Trust Municipal High Income ETF worth $4,917,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. D.A. Davidson & CO. lifted its position in shares of First Trust Municipal High Income ETF by 1.8% in the fourth quarter. D.A. Davidson & CO. now owns 12,193 shares of the company’s stock worth $581,000 after purchasing an additional 221 shares in the last quarter. Socha Financial Group LLC lifted its position in shares of First Trust Municipal High Income ETF by 2.6% in the fourth quarter. Socha Financial Group LLC now owns 17,903 shares of the company’s stock worth $854,000 after purchasing an additional 457 shares in the last quarter. Atria Wealth Solutions Inc. lifted its position in shares of First Trust Municipal High Income ETF by 6.7% in the third quarter. Atria Wealth Solutions Inc. now owns 9,984 shares of the company’s stock worth $450,000 after purchasing an additional 629 shares in the last quarter. Principal Securities Inc. bought a new stake in shares of First Trust Municipal High Income ETF in the fourth quarter worth $48,000. Finally, ShoreHaven Wealth Partners LLC lifted its position in shares of First Trust Municipal High Income ETF by 4.7% in the fourth quarter. ShoreHaven Wealth Partners LLC now owns 23,437 shares of the company’s stock worth $1,117,000 after purchasing an additional 1,054 shares in the last quarter.

First Trust Municipal High Income ETF Price Performance

Shares of FMHI stock opened at $48.09 on Monday. The company’s fifty day simple moving average is $47.79 and its 200-day simple moving average is $47.66. First Trust Municipal High Income ETF has a 12 month low of $43.88 and a 12 month high of $48.37.

First Trust Municipal High Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, May 31st. Shareholders of record on Wednesday, May 22nd were given a dividend of $0.159 per share. This represents a $1.91 annualized dividend and a yield of 3.97%. The ex-dividend date was Tuesday, May 21st.

About First Trust Municipal High Income ETF

(Free Report)

The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.

Further Reading

Institutional Ownership by Quarter for First Trust Municipal High Income ETF (NASDAQ:FMHI)

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