SlateStone Wealth LLC Acquires 24,701 Shares of First Trust Municipal High Income ETF (NASDAQ:FMHI)

SlateStone Wealth LLC increased its holdings in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 17.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 165,903 shares of the company’s stock after acquiring an additional 24,701 shares during the period. SlateStone Wealth LLC’s holdings in First Trust Municipal High Income ETF were worth $8,011,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Duncker Streett & Co. Inc. bought a new stake in First Trust Municipal High Income ETF during the 4th quarter worth approximately $67,000. Larson Financial Group LLC bought a new position in First Trust Municipal High Income ETF in the 3rd quarter valued at $92,000. Synergy Investment Management LLC bought a new position in First Trust Municipal High Income ETF in the 4th quarter valued at $124,000. Silver Oak Securities Incorporated boosted its position in First Trust Municipal High Income ETF by 9.4% in the 4th quarter. Silver Oak Securities Incorporated now owns 4,641 shares of the company’s stock valued at $224,000 after buying an additional 399 shares during the last quarter. Finally, Private Trust Co. NA boosted its position in First Trust Municipal High Income ETF by 16.0% in the 4th quarter. Private Trust Co. NA now owns 4,930 shares of the company’s stock valued at $238,000 after buying an additional 680 shares during the last quarter.

First Trust Municipal High Income ETF Price Performance

FMHI stock opened at $48.18 on Friday. The business’s fifty day moving average is $48.43 and its 200-day moving average is $48.75. First Trust Municipal High Income ETF has a twelve month low of $47.33 and a twelve month high of $49.51.

First Trust Municipal High Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a dividend of $0.163 per share. This represents a $1.96 annualized dividend and a yield of 4.06%. The ex-dividend date was Friday, February 21st.

First Trust Municipal High Income ETF 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.