WealthCare Investment Partners LLC Has $2.48 Million Stock Holdings in First Trust Managed Municipal ETF (NASDAQ:FMB)

WealthCare Investment Partners LLC raised its stake in First Trust Managed Municipal ETF (NASDAQ:FMB) by 1.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 48,515 shares of the company’s stock after buying an additional 594 shares during the quarter. First Trust Managed Municipal ETF accounts for about 1.2% of WealthCare Investment Partners LLC’s holdings, making the stock its 27th biggest position. WealthCare Investment Partners LLC owned approximately 0.13% of First Trust Managed Municipal ETF worth $2,477,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. DHJJ Financial Advisors Ltd. increased its stake in shares of First Trust Managed Municipal ETF by 119.4% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 790 shares of the company’s stock worth $40,000 after purchasing an additional 430 shares during the last quarter. Jones Financial Companies Lllp acquired a new position in shares of First Trust Managed Municipal ETF during the 4th quarter worth $52,000. IAG Wealth Partners LLC acquired a new position in shares of First Trust Managed Municipal ETF during the 2nd quarter worth $53,000. Tidemark LLC acquired a new position in shares of First Trust Managed Municipal ETF during the 4th quarter worth $76,000. Finally, NBC Securities Inc. increased its stake in shares of First Trust Managed Municipal ETF by 71.4% during the 4th quarter. NBC Securities Inc. now owns 2,575 shares of the company’s stock worth $133,000 after purchasing an additional 1,073 shares during the last quarter.

First Trust Managed Municipal ETF Stock Performance

Shares of FMB traded up $0.02 during mid-day trading on Friday, hitting $51.59. 98,214 shares of the company’s stock were exchanged, compared to its average volume of 152,696. The firm has a fifty day moving average of $51.39 and a two-hundred day moving average of $51.25. First Trust Managed Municipal ETF has a twelve month low of $48.08 and a twelve month high of $52.07.

First Trust Managed Municipal ETF Announces Dividend

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