Tempus Wealth Planning LLC Sells 500 Shares of First Trust Managed Municipal ETF (NASDAQ:FMB)

Tempus Wealth Planning LLC cut its holdings in First Trust Managed Municipal ETF (NASDAQ:FMBFree Report) by 6.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,884 shares of the company’s stock after selling 500 shares during the quarter. Tempus Wealth Planning LLC’s holdings in First Trust Managed Municipal ETF were worth $351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of FMB. Atomi Financial Group Inc. bought a new position in First Trust Managed Municipal ETF in the fourth quarter worth about $249,000. JPMorgan Chase & Co. raised its position in shares of First Trust Managed Municipal ETF by 6.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 421,410 shares of the company’s stock worth $21,896,000 after acquiring an additional 25,002 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of First Trust Managed Municipal ETF in the 3rd quarter valued at approximately $1,555,000. Fifth Third Bancorp boosted its position in shares of First Trust Managed Municipal ETF by 177.8% during the fourth quarter. Fifth Third Bancorp now owns 2,778 shares of the company’s stock valued at $142,000 after purchasing an additional 1,778 shares in the last quarter. Finally, Magnus Financial Group LLC grew its stake in First Trust Managed Municipal ETF by 2.3% in the third quarter. Magnus Financial Group LLC now owns 101,700 shares of the company’s stock worth $5,284,000 after purchasing an additional 2,247 shares during the period.

First Trust Managed Municipal ETF Price Performance

Shares of First Trust Managed Municipal ETF stock opened at $51.16 on Wednesday. First Trust Managed Municipal ETF has a 12 month low of $48.10 and a 12 month high of $52.13. The business has a fifty day simple moving average of $51.16 and a two-hundred day simple moving average of $51.44.

First Trust Managed Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a dividend of $0.14 per share. The ex-dividend date was 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 Profile

(Free Report)

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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Institutional Ownership by Quarter for First Trust Managed Municipal ETF (NASDAQ:FMB)

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