First Trust Municipal High Income ETF $FMHI Position Lifted by Vise Technologies Inc.

Vise Technologies Inc. increased its position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 34.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 534,854 shares of the company’s stock after purchasing an additional 136,836 shares during the period. Vise Technologies Inc.’s holdings in First Trust Municipal High Income ETF were worth $23,988,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. MGO One Seven LLC purchased a new position in First Trust Municipal High Income ETF in the third quarter worth $858,000. D.A. Davidson & CO. purchased a new position in shares of First Trust Municipal High Income ETF during the third quarter valued at $2,379,000. Oppenheimer & Co. Inc. purchased a new stake in First Trust Municipal High Income ETF during the 3rd quarter worth approximately $3,053,000. Flagship Harbor Advisors LLC purchased a new stake in First Trust Municipal High Income ETF in the 3rd quarter worth approximately $729,000. Finally, Sigma Planning Corp purchased a new stake in shares of First Trust Municipal High Income ETF during the third quarter worth approximately $303,000.

First Trust Municipal High Income ETF Stock Up 0.4%

First Trust Municipal High Income ETF stock opened at $46.26 on Friday. The stock’s fifty day simple moving average is $45.92 and its 200-day simple moving average is $47.55. First Trust Municipal High Income ETF has a twelve month low of $44.34 and a twelve month high of $48.73.

First Trust Municipal High Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st were paid a dividend of $0.1790 per share. This represents a $2.15 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, October 21st.

First Trust Municipal High Income ETF 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.