7,230 Shares in First Trust Managed Municipal ETF (NASDAQ:FMB) Acquired by Core Wealth Partners LLC

Core Wealth Partners LLC bought a new position in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,230 shares of the company’s stock, valued at approximately $371,000.

Several other large investors have also added to or reduced their stakes in FMB. Independence Bank of Kentucky acquired a new stake in First Trust Managed Municipal ETF in the fourth quarter valued at approximately $27,000. Jones Financial Companies Lllp acquired a new stake in First Trust Managed Municipal ETF in the fourth quarter valued at approximately $52,000. AdvisorNet Financial Inc grew its stake in First Trust Managed Municipal ETF by 26.9% in the fourth quarter. AdvisorNet Financial Inc now owns 1,450 shares of the company’s stock valued at $75,000 after acquiring an additional 307 shares during the period. Tidemark LLC acquired a new stake in First Trust Managed Municipal ETF in the fourth quarter valued at approximately $76,000. Finally, NBC Securities Inc. grew its stake in First Trust Managed Municipal ETF by 71.4% in the fourth quarter. NBC Securities Inc. now owns 2,575 shares of the company’s stock valued at $133,000 after acquiring an additional 1,073 shares during the period.

First Trust Managed Municipal ETF Trading Up 0.3 %

First Trust Managed Municipal ETF stock traded up $0.13 during mid-day trading on Thursday, reaching $51.25. The stock had a trading volume of 69,509 shares, compared to its average volume of 154,808. First Trust Managed Municipal ETF has a fifty-two week low of $48.08 and a fifty-two week high of $51.77. The stock’s 50-day simple moving average is $51.03 and its 200-day simple moving average is $51.26.

First Trust Managed Municipal ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a dividend of $0.137 per share. The ex-dividend date was Thursday, June 27th.

About First Trust Managed Municipal ETF

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.