First Trust Managed Municipal ETF (NASDAQ:FMB) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. reduced its stake in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 6.1% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 13,254 shares of the company’s stock after selling 860 shares during the period. Atria Wealth Solutions Inc.’s holdings in First Trust Managed Municipal ETF were worth $668,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. acquired a new stake in First Trust Managed Municipal ETF during the 1st quarter worth about $65,000. GAMMA Investing LLC grew its position in First Trust Managed Municipal ETF by 4,941.9% during the 1st quarter. GAMMA Investing LLC now owns 1,563 shares of the company’s stock worth $79,000 after purchasing an additional 1,532 shares during the period. Hanson & Doremus Investment Management acquired a new stake in First Trust Managed Municipal ETF during the 1st quarter worth about $113,000. NBC Securities Inc. grew its position in shares of First Trust Managed Municipal ETF by 119,000.0% during the 1st quarter. NBC Securities Inc. now owns 2,382 shares of the company’s stock valued at $120,000 after acquiring an additional 2,380 shares during the period. Finally, Advisor Resource Council acquired a new stake in shares of First Trust Managed Municipal ETF during the 1st quarter valued at about $202,000.

First Trust Managed Municipal ETF Stock Down 0.0%

NASDAQ FMB opened at $49.81 on Wednesday. The stock has a 50-day moving average of $49.69 and a 200 day moving average of $50.14. First Trust Managed Municipal ETF has a twelve month low of $48.10 and a twelve month high of $52.13.

First Trust Managed Municipal ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 22nd were given a dividend of $0.144 per share. The ex-dividend date was Tuesday, July 22nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.