First Trust Managed Municipal ETF (NASDAQ:FMB) Shares Acquired by Private Trust Co. NA

Private Trust Co. NA lifted its holdings in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 1.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,210 shares of the company’s stock after purchasing an additional 200 shares during the quarter. Private Trust Co. NA’s holdings in First Trust Managed Municipal ETF were worth $1,031,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Pinnacle Bancorp Inc. raised its holdings in First Trust Managed Municipal ETF by 152.9% in the fourth quarter. Pinnacle Bancorp Inc. now owns 2,150 shares of the company’s stock valued at $110,000 after acquiring an additional 1,300 shares in the last quarter. Fifth Third Bancorp raised its holdings in First Trust Managed Municipal ETF by 177.8% in the fourth quarter. Fifth Third Bancorp now owns 2,778 shares of the company’s stock valued at $142,000 after acquiring an additional 1,778 shares in the last quarter. Dopkins Wealth Management LLC acquired a new stake in First Trust Managed Municipal ETF in the third quarter valued at approximately $201,000. TrueWealth Advisors LLC acquired a new stake in First Trust Managed Municipal ETF in the fourth quarter valued at approximately $207,000. Finally, James Investment Research Inc. acquired a new stake in First Trust Managed Municipal ETF in the third quarter valued at approximately $224,000.

First Trust Managed Municipal ETF Stock Up 0.2 %

Shares of NASDAQ:FMB opened at $51.47 on Friday. The firm’s 50 day moving average price is $51.04 and its 200 day moving average price is $51.41. First Trust Managed Municipal ETF has a fifty-two week low of $48.10 and a fifty-two week high of $52.13.

First Trust Managed Municipal ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a $0.14 dividend. The ex-dividend date was Friday, February 21st.

First Trust Managed Municipal ETF 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.