16,564 Shares in First Trust Municipal High Income ETF $FMHI Acquired by Fifth Third Bancorp

Fifth Third Bancorp acquired a new stake in First Trust Municipal High Income ETF (NASDAQ:FMHI) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 16,564 shares of the company’s stock, valued at approximately $787,000. Fifth Third Bancorp owned approximately 0.08% of First Trust Municipal High Income ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nations Financial Group Inc. IA ADV increased its position in shares of First Trust Municipal High Income ETF by 1.6% during the first quarter. Nations Financial Group Inc. IA ADV now owns 19,160 shares of the company’s stock worth $911,000 after purchasing an additional 300 shares in the last quarter. Altus Wealth Group LLC grew its position in shares of First Trust Municipal High Income ETF by 4.5% during the fourth quarter. Altus Wealth Group LLC now owns 7,484 shares of the company’s stock worth $359,000 after acquiring an additional 320 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in shares of First Trust Municipal High Income ETF by 4.7% during the second quarter. Orion Porfolio Solutions LLC now owns 8,184 shares of the company’s stock worth $382,000 after acquiring an additional 365 shares during the last quarter. Baird Financial Group Inc. increased its holdings in shares of First Trust Municipal High Income ETF by 7.6% in the 2nd quarter. Baird Financial Group Inc. now owns 6,400 shares of the company’s stock valued at $299,000 after acquiring an additional 450 shares during the period. Finally, Truist Financial Corp increased its holdings in shares of First Trust Municipal High Income ETF by 1.0% in the 4th quarter. Truist Financial Corp now owns 58,177 shares of the company’s stock valued at $2,789,000 after acquiring an additional 552 shares during the period.

First Trust Municipal High Income ETF Trading Up 0.4%

FMHI stock opened at $47.74 on Tuesday. The company has a fifty day moving average price of $48.22 and a 200 day moving average price of $48.14. First Trust Municipal High Income ETF has a 12 month low of $45.85 and a 12 month high of $48.73.

First Trust Municipal High Income ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be issued a $0.177 dividend. The ex-dividend date of this dividend is Tuesday, July 21st.

First Trust Municipal High Income ETF Company Profile

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.