First Trust Managed Municipal ETF (NASDAQ:FMB) to Issue $0.14 Dividend

First Trust Managed Municipal ETF (NASDAQ:FMB) announced a dividend on Thursday, December 12th,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.139 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th.

First Trust Managed Municipal ETF Price Performance

Shares of NASDAQ:FMB opened at $51.28 on Friday. The business’s 50 day simple moving average is $51.51 and its 200 day simple moving average is $51.49. First Trust Managed Municipal ETF has a 1 year low of $48.10 and a 1 year high of $52.13.

About First Trust Managed Municipal ETF

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.