First Trust Municipal High Income ETF (NASDAQ:FMHI) Shares Acquired by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV boosted its position in First Trust Municipal High Income ETF (NASDAQ:FMHI) by 1.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 14,815 shares of the company’s stock after purchasing an additional 250 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in First Trust Municipal High Income ETF were worth $715,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in FMHI. Wealth Enhancement Advisory Services LLC boosted its stake in shares of First Trust Municipal High Income ETF by 4.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,521,354 shares of the company’s stock worth $75,155,000 after buying an additional 59,086 shares during the last quarter. Financial Partners Group Inc increased its holdings in shares of First Trust Municipal High Income ETF by 3.9% during the 4th quarter. Financial Partners Group Inc now owns 244,826 shares of the company’s stock valued at $11,823,000 after purchasing an additional 9,180 shares in the last quarter. HighTower Advisors LLC raised its position in shares of First Trust Municipal High Income ETF by 186.1% in the third quarter. HighTower Advisors LLC now owns 172,366 shares of the company’s stock worth $8,513,000 after acquiring an additional 112,110 shares during the period. Atlas Private Wealth Advisors raised its holdings in First Trust Municipal High Income ETF by 6.6% in the 4th quarter. Atlas Private Wealth Advisors now owns 169,954 shares of the company’s stock worth $8,207,000 after purchasing an additional 10,463 shares during the period. Finally, EnRich Financial Partners LLC raised its stake in shares of First Trust Municipal High Income ETF by 5.3% during the 3rd quarter. EnRich Financial Partners LLC now owns 139,912 shares of the company’s stock worth $6,912,000 after buying an additional 6,990 shares during the period.

First Trust Municipal High Income ETF Trading Up 0.1 %

NASDAQ:FMHI opened at $48.49 on Tuesday. The stock has a 50 day moving average of $48.37 and a two-hundred day moving average of $48.81. First Trust Municipal High Income ETF has a 12 month low of $47.33 and a 12 month high of $49.51.

First Trust Municipal High Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were given a dividend of $0.163 per share. This represents a $1.96 annualized dividend and a yield of 4.03%. The ex-dividend date of this dividend was Wednesday, January 22nd.

About First Trust Municipal High Income ETF

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.