James Investment Research Inc. acquired a new position in shares of First Trust Managed Municipal ETF (NASDAQ:FMB – Free Report) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 4,315 shares of the company’s stock, valued at approximately $224,000.
Other hedge funds have also bought and sold shares of the company. DHJJ Financial Advisors Ltd. boosted its stake in First Trust Managed Municipal ETF by 119.4% during the second quarter. DHJJ Financial Advisors Ltd. now owns 790 shares of the company’s stock worth $40,000 after acquiring an additional 430 shares in the last quarter. Fifth Third Bancorp bought a new stake in First Trust Managed Municipal ETF during the second quarter worth about $51,000. IAG Wealth Partners LLC bought a new stake in First Trust Managed Municipal ETF during the second quarter worth about $53,000. WR Wealth Planners LLC bought a new position in shares of First Trust Managed Municipal ETF in the second quarter worth approximately $56,000. Finally, International Assets Investment Management LLC bought a new position in shares of First Trust Managed Municipal ETF in the second quarter worth approximately $112,000.
First Trust Managed Municipal ETF Trading Down 0.0 %
Shares of NASDAQ FMB opened at $51.12 on Friday. The firm’s 50 day moving average price is $51.71 and its 200-day moving average price is $51.38. 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
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.
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