First Trust Managed Municipal ETF (NASDAQ:FMB) Declares Dividend of $0.14

First Trust Managed Municipal ETF (NASDAQ:FMB) declared a dividend on Tuesday, January 21st,NASDAQ Dividends reports. Investors of record on Wednesday, January 22nd will be given a dividend of 0.14 per share on Friday, January 31st. The ex-dividend date is Wednesday, January 22nd. This is a positive change from First Trust Managed Municipal ETF’s previous dividend of $0.14.

First Trust Managed Municipal ETF Trading Down 0.3 %

NASDAQ FMB traded down $0.14 on Wednesday, hitting $50.84. 329,983 shares of the stock traded hands, compared to its average volume of 261,660. The stock has a 50-day moving average of $51.24 and a 200 day moving average of $51.47. First Trust Managed Municipal ETF has a twelve month low of $48.10 and a twelve month high of $52.13.

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.