First Trust Municipal High Income ETF (NASDAQ:FMHI) Shares Acquired by EnRich Financial Partners LLC

EnRich Financial Partners LLC lifted its position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 5.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 139,912 shares of the company’s stock after acquiring an additional 6,990 shares during the quarter. First Trust Municipal High Income ETF accounts for approximately 2.3% of EnRich Financial Partners LLC’s investment portfolio, making the stock its 13th biggest holding. EnRich Financial Partners LLC owned approximately 0.91% of First Trust Municipal High Income ETF worth $6,912,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of FMHI. Manhattan West Asset Management LLC lifted its holdings in First Trust Municipal High Income ETF by 6.6% in the 1st quarter. Manhattan West Asset Management LLC now owns 181,057 shares of the company’s stock valued at $8,723,000 after purchasing an additional 11,236 shares in the last quarter. Jane Street Group LLC boosted its position in First Trust Municipal High Income ETF by 881.4% during the first quarter. Jane Street Group LLC now owns 107,345 shares of the company’s stock worth $5,172,000 after acquiring an additional 96,407 shares during the last quarter. Comerica Bank boosted its position in First Trust Municipal High Income ETF by 77.4% during the first quarter. Comerica Bank now owns 13,943 shares of the company’s stock worth $672,000 after acquiring an additional 6,082 shares during the last quarter. Cetera Investment Advisers grew its stake in First Trust Municipal High Income ETF by 585.7% during the 1st quarter. Cetera Investment Advisers now owns 145,955 shares of the company’s stock valued at $7,032,000 after acquiring an additional 124,671 shares in the last quarter. Finally, Cetera Advisors LLC acquired a new stake in First Trust Municipal High Income ETF in the 1st quarter valued at about $1,446,000.

First Trust Municipal High Income ETF Stock Up 0.4 %

NASDAQ:FMHI opened at $48.95 on Tuesday. The stock has a 50 day moving average price of $49.05 and a 200 day moving average price of $48.71. First Trust Municipal High Income ETF has a one year low of $45.68 and a one year high of $49.51.

First Trust Municipal High Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were given a $0.163 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a $1.96 annualized dividend and a yield of 4.00%.

About First Trust Municipal High Income ETF

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.