Ameritas Investment Partners Inc. increased its position in First Trust Managed Municipal ETF (NASDAQ:FMB – Free Report) by 3.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,899 shares of the company’s stock after acquiring an additional 327 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in First Trust Managed Municipal ETF were worth $457,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of FMB. Wells Fargo & Company MN increased its holdings in shares of First Trust Managed Municipal ETF by 14.0% during the 4th quarter. Wells Fargo & Company MN now owns 2,042,465 shares of the company’s stock worth $105,523,000 after purchasing an additional 251,160 shares during the period. RFG Advisory LLC increased its holdings in shares of First Trust Managed Municipal ETF by 916.2% during the 4th quarter. RFG Advisory LLC now owns 194,688 shares of the company’s stock worth $10,058,000 after purchasing an additional 175,530 shares during the period. Miracle Mile Advisors LLC increased its holdings in shares of First Trust Managed Municipal ETF by 63.2% during the 4th quarter. Miracle Mile Advisors LLC now owns 444,237 shares of the company’s stock worth $22,951,000 after purchasing an additional 171,963 shares during the period. Avantax Advisory Services Inc. increased its holdings in shares of First Trust Managed Municipal ETF by 44.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 524,971 shares of the company’s stock worth $26,963,000 after purchasing an additional 161,642 shares during the period. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of First Trust Managed Municipal ETF by 20.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 903,423 shares of the company’s stock worth $46,675,000 after purchasing an additional 156,465 shares during the period.
First Trust Managed Municipal ETF Stock Performance
Shares of NASDAQ:FMB traded down $0.08 on Wednesday, hitting $51.24. 140,833 shares of the company were exchanged, compared to its average volume of 151,607. The company’s 50 day moving average price is $51.14 and its two-hundred day moving average price is $51.24. First Trust Managed Municipal ETF has a one year low of $48.08 and a one year high of $51.77.
First Trust Managed Municipal ETF Announces Dividend
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.
Read More
- Five stocks we like better than First Trust Managed Municipal ETF
- What is MarketRankā¢? How to Use it
- Food Processing Company Stock Gets Fried by Recall: Time to Buy
- 3 Warren Buffett Stocks to Buy Now
- Entertainment Stock Offers A Rare and Tempting Entry Opportunity
- Why Invest in High-Yield Dividend Stocks?
- Will China’s Interest Rate Cuts Ignite a Rally for This Stock?
Want to see what other hedge funds are holding FMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Managed Municipal ETF (NASDAQ:FMB – Free Report).
Receive News & Ratings for First Trust Managed Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Managed Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.