Sanctuary Advisors LLC Acquires 2,368 Shares of First Trust Managed Municipal ETF (NASDAQ:FMB)

Sanctuary Advisors LLC grew its holdings in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,286 shares of the company’s stock after buying an additional 2,368 shares during the quarter. Sanctuary Advisors LLC owned approximately 0.20% of First Trust Managed Municipal ETF worth $4,052,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FMB. International Assets Investment Management LLC raised its holdings in shares of First Trust Managed Municipal ETF by 5,096.0% in the 3rd quarter. International Assets Investment Management LLC now owns 114,208 shares of the company’s stock valued at $5,934,000 after purchasing an additional 112,010 shares during the period. ShoreHaven Wealth Partners LLC raised its holdings in shares of First Trust Managed Municipal ETF by 19.2% in the 3rd quarter. ShoreHaven Wealth Partners LLC now owns 9,671 shares of the company’s stock valued at $503,000 after purchasing an additional 1,560 shares during the period. Hedeker Wealth LLC raised its holdings in shares of First Trust Managed Municipal ETF by 20.5% in the 3rd quarter. Hedeker Wealth LLC now owns 34,743 shares of the company’s stock valued at $1,805,000 after purchasing an additional 5,917 shares during the period. Stephens Inc. AR raised its holdings in shares of First Trust Managed Municipal ETF by 17.2% in the 3rd quarter. Stephens Inc. AR now owns 37,475 shares of the company’s stock valued at $1,947,000 after purchasing an additional 5,500 shares during the period. Finally, Gladstone Institutional Advisory LLC raised its holdings in shares of First Trust Managed Municipal ETF by 11.4% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 10,083 shares of the company’s stock valued at $524,000 after purchasing an additional 1,032 shares during the period.

First Trust Managed Municipal ETF Stock Down 0.0 %

Shares of FMB stock opened at $51.24 on Friday. The firm’s 50-day moving average is $51.00 and its 200-day moving average is $51.42. 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 Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, February 21st.

First Trust Managed Municipal ETF 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.