Kestra Private Wealth Services LLC Sells 343 Shares of First Trust Municipal High Income ETF (NASDAQ:FMHI)

Kestra Private Wealth Services LLC reduced its position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 1.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,792 shares of the company’s stock after selling 343 shares during the quarter. Kestra Private Wealth Services LLC owned approximately 0.13% of First Trust Municipal High Income ETF worth $1,004,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its holdings in First Trust Municipal High Income ETF by 4.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,521,354 shares of the company’s stock valued at $75,155,000 after buying an additional 59,086 shares during the last quarter. Financial Partners Group Inc raised its holdings in First Trust Municipal High Income ETF by 3.9% during the 4th quarter. Financial Partners Group Inc now owns 244,826 shares of the company’s stock valued at $11,823,000 after buying an additional 9,180 shares during the last quarter. HighTower Advisors LLC raised its holdings in First Trust Municipal High Income ETF by 186.1% during the 3rd quarter. HighTower Advisors LLC now owns 172,366 shares of the company’s stock valued at $8,513,000 after buying an additional 112,110 shares during the last quarter. Atlas Private Wealth Advisors raised its holdings in First Trust Municipal High Income ETF by 6.6% during the 4th quarter. Atlas Private Wealth Advisors now owns 169,954 shares of the company’s stock valued at $8,207,000 after buying an additional 10,463 shares during the last quarter. Finally, EnRich Financial Partners LLC raised its holdings in First Trust Municipal High Income ETF by 5.3% during the 3rd quarter. EnRich Financial Partners LLC now owns 139,912 shares of the company’s stock valued at $6,912,000 after buying an additional 6,990 shares during the last quarter.

First Trust Municipal High Income ETF Trading Up 0.6 %

NASDAQ:FMHI opened at $48.46 on Friday. First Trust Municipal High Income ETF has a 52 week low of $47.33 and a 52 week high of $49.51. The company has a fifty day moving average of $48.40 and a 200 day moving average of $48.81.

First Trust Municipal High Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were issued a $0.163 dividend. The ex-dividend date was Wednesday, January 22nd. This represents a $1.96 annualized dividend and a yield of 4.04%.

About First Trust Municipal High Income ETF

The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.