OneAscent Financial Services LLC Buys Shares of 18,100 First Trust Municipal High Income ETF (NASDAQ:FMHI)

OneAscent Financial Services LLC purchased a new position in First Trust Municipal High Income ETF (NASDAQ:FMHI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,100 shares of the company’s stock, valued at approximately $874,000. OneAscent Financial Services LLC owned approximately 0.12% of First Trust Municipal High Income ETF at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Creative Financial Designs Inc. ADV lifted its stake in First Trust Municipal High Income ETF by 187.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 868 shares of the company’s stock worth $42,000 after purchasing an additional 566 shares in the last quarter. Duncker Streett & Co. Inc. purchased a new stake in shares of First Trust Municipal High Income ETF in the fourth quarter worth $67,000. Synergy Investment Management LLC purchased a new stake in shares of First Trust Municipal High Income ETF in the fourth quarter worth $124,000. Larson Financial Group LLC boosted its stake in First Trust Municipal High Income ETF by 105.0% during the fourth quarter. Larson Financial Group LLC now owns 3,803 shares of the company’s stock valued at $184,000 after buying an additional 1,948 shares during the period. Finally, Silver Oak Securities Incorporated grew its position in First Trust Municipal High Income ETF by 9.4% during the fourth quarter. Silver Oak Securities Incorporated now owns 4,641 shares of the company’s stock worth $224,000 after buying an additional 399 shares in the last quarter.

First Trust Municipal High Income ETF Stock Down 0.4 %

NASDAQ:FMHI opened at $47.85 on Thursday. First Trust Municipal High Income ETF has a twelve month low of $47.33 and a twelve month high of $49.51. The business’s 50-day moving average price is $48.39 and its two-hundred day moving average price is $48.65.

First Trust Municipal High Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.163 per share. The ex-dividend date was Thursday, March 27th. This represents a $1.96 annualized dividend and a yield of 4.09%.

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.