First Trust Managed Municipal ETF (NASDAQ:FMB) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. reduced its position in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 24.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 12,624 shares of the company’s stock after selling 3,977 shares during the quarter. Harbour Investments Inc.’s holdings in First Trust Managed Municipal ETF were worth $644,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Duncker Streett & Co. Inc. acquired a new stake in shares of First Trust Managed Municipal ETF during the fourth quarter worth $108,000. Pinnacle Bancorp Inc. raised its stake in First Trust Managed Municipal ETF by 152.9% during the fourth quarter. Pinnacle Bancorp Inc. now owns 2,150 shares of the company’s stock worth $110,000 after acquiring an additional 1,300 shares during the period. Fifth Third Bancorp lifted its holdings in First Trust Managed Municipal ETF by 177.8% in the fourth quarter. Fifth Third Bancorp now owns 2,778 shares of the company’s stock worth $142,000 after acquiring an additional 1,778 shares during the last quarter. TrueWealth Advisors LLC acquired a new position in First Trust Managed Municipal ETF in the fourth quarter valued at approximately $207,000. Finally, Maia Wealth LLC bought a new position in shares of First Trust Managed Municipal ETF during the fourth quarter valued at approximately $234,000.

First Trust Managed Municipal ETF Trading Up 0.0 %

Shares of First Trust Managed Municipal ETF stock opened at $50.88 on Thursday. First Trust Managed Municipal ETF has a twelve month low of $48.10 and a twelve month high of $52.13. The business’s 50 day simple moving average is $51.07 and its 200-day simple moving average is $51.36.

First Trust Managed Municipal ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a $0.14 dividend. The ex-dividend date of this dividend was Friday, February 21st.

First Trust Managed Municipal ETF Company 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.