First Trust Municipal High Income ETF (NASDAQ:FMHI) Announces Monthly Dividend of $0.16

First Trust Municipal High Income ETF (NASDAQ:FMHI) declared a monthly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.163 per share on Monday, March 31st. This represents a $1.96 annualized dividend and a dividend yield of 4.12%. The ex-dividend date is Thursday, March 27th.

First Trust Municipal High Income ETF Stock Down 0.8 %

NASDAQ:FMHI traded down $0.38 on Thursday, reaching $47.47. 81,846 shares of the stock traded hands, compared to its average volume of 75,306. The company’s fifty day simple moving average is $48.44 and its 200 day simple moving average is $48.70. First Trust Municipal High Income ETF has a 12 month low of $47.33 and a 12 month high of $49.51.

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.