Cooksen Wealth LLC Buys Shares of 12,406 First Trust Managed Municipal ETF $FMB

Cooksen Wealth LLC bought a new position in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 12,406 shares of the company’s stock, valued at approximately $634,000.

Other large investors have also made changes to their positions in the company. Friday Financial grew its holdings in shares of First Trust Managed Municipal ETF by 111.3% in the 4th quarter. Friday Financial now owns 31,429 shares of the company’s stock worth $1,607,000 after acquiring an additional 16,555 shares during the period. CWM LLC raised its holdings in First Trust Managed Municipal ETF by 19.1% during the third quarter. CWM LLC now owns 127,041 shares of the company’s stock worth $6,441,000 after purchasing an additional 20,364 shares during the last quarter. Seascape Capital Management boosted its position in First Trust Managed Municipal ETF by 110.0% during the third quarter. Seascape Capital Management now owns 47,250 shares of the company’s stock worth $2,396,000 after purchasing an additional 24,750 shares in the last quarter. Miracle Mile Advisors LLC grew its holdings in First Trust Managed Municipal ETF by 50.3% in the third quarter. Miracle Mile Advisors LLC now owns 1,070,100 shares of the company’s stock valued at $54,256,000 after purchasing an additional 358,121 shares during the last quarter. Finally, Citigroup Inc. grew its holdings in First Trust Managed Municipal ETF by 13.9% in the third quarter. Citigroup Inc. now owns 180,647 shares of the company’s stock valued at $9,159,000 after purchasing an additional 21,979 shares during the last quarter.

First Trust Managed Municipal ETF Stock Performance

Shares of FMB stock opened at $50.88 on Friday. First Trust Managed Municipal ETF has a fifty-two week low of $48.19 and a fifty-two week high of $52.03. The business has a fifty day simple moving average of $51.40 and a 200-day simple moving average of $51.22.

First Trust Managed Municipal ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a dividend of $0.155 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Thursday, March 26th.

First Trust Managed Municipal ETF Profile

The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure. FMB was launched on May 13, 2014 and is managed by First Trust.