NewSquare Capital LLC Has $627,000 Stake in First Trust Managed Municipal ETF (NASDAQ:FMB)

NewSquare Capital LLC decreased its position in First Trust Managed Municipal ETF (NASDAQ:FMB) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,293 shares of the company’s stock after selling 566 shares during the quarter. NewSquare Capital LLC’s holdings in First Trust Managed Municipal ETF were worth $627,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Private Trust Co. NA increased its position in shares of First Trust Managed Municipal ETF by 1.0% in the fourth quarter. Private Trust Co. NA now owns 20,210 shares of the company’s stock valued at $1,031,000 after acquiring an additional 200 shares during the last quarter. PFS Partners LLC increased its position in shares of First Trust Managed Municipal ETF by 2.1% in the third quarter. PFS Partners LLC now owns 10,209 shares of the company’s stock valued at $530,000 after acquiring an additional 214 shares during the last quarter. Valmark Advisers Inc. increased its position in shares of First Trust Managed Municipal ETF by 3.2% in the fourth quarter. Valmark Advisers Inc. now owns 8,386 shares of the company’s stock valued at $428,000 after acquiring an additional 257 shares during the last quarter. WealthCare Investment Partners LLC increased its position in shares of First Trust Managed Municipal ETF by 0.6% in the fourth quarter. WealthCare Investment Partners LLC now owns 48,816 shares of the company’s stock valued at $2,495,000 after acquiring an additional 274 shares during the last quarter. Finally, Westside Investment Management Inc. increased its position in shares of First Trust Managed Municipal ETF by 0.5% in the third quarter. Westside Investment Management Inc. now owns 63,442 shares of the company’s stock valued at $3,294,000 after acquiring an additional 343 shares during the last quarter.

First Trust Managed Municipal ETF Stock Down 0.0 %

NASDAQ:FMB opened at $51.29 on Thursday. The stock’s 50-day simple moving average is $51.07 and its 200 day simple moving average is $51.40. First Trust Managed Municipal ETF has a 52-week low of $48.10 and a 52-week high of $52.13.

First Trust Managed Municipal ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a dividend of $0.14 per share. The ex-dividend date was Friday, February 21st.

First Trust Managed Municipal ETF Company 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.