Blackhawk Capital Partners LLC. Has $2.68 Million Stock Position in First Trust Managed Municipal ETF (NASDAQ:FMB)

Blackhawk Capital Partners LLC. lifted its holdings in First Trust Managed Municipal ETF (NASDAQ:FMB) by 8.5% in the 4th quarter, Holdings Channel reports. The firm owned 52,615 shares of the company’s stock after buying an additional 4,103 shares during the quarter. First Trust Managed Municipal ETF accounts for 1.4% of Blackhawk Capital Partners LLC.’s portfolio, making the stock its 19th biggest holding. Blackhawk Capital Partners LLC.’s holdings in First Trust Managed Municipal ETF were worth $2,684,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. International Assets Investment Management LLC boosted its position in First Trust Managed Municipal ETF by 5,096.0% during the third quarter. International Assets Investment Management LLC now owns 114,208 shares of the company’s stock worth $5,934,000 after purchasing an additional 112,010 shares during the period. Hedeker Wealth LLC boosted its holdings in shares of First Trust Managed Municipal ETF by 20.5% during the 3rd quarter. Hedeker Wealth LLC now owns 34,743 shares of the company’s stock worth $1,805,000 after buying an additional 5,917 shares during the period. Stephens Inc. AR boosted its holdings in shares of First Trust Managed Municipal ETF by 17.2% during the 3rd quarter. Stephens Inc. AR now owns 37,475 shares of the company’s stock worth $1,947,000 after buying an additional 5,500 shares during the period. Gladstone Institutional Advisory LLC grew its stake in First Trust Managed Municipal ETF by 11.4% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 10,083 shares of the company’s stock valued at $524,000 after buying an additional 1,032 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in First Trust Managed Municipal ETF by 316.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 8,314 shares of the company’s stock worth $432,000 after acquiring an additional 6,316 shares during the period.

First Trust Managed Municipal ETF Price Performance

First Trust Managed Municipal ETF stock opened at $51.21 on Tuesday. The firm has a fifty day moving average price of $51.00 and a two-hundred day moving average price of $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 Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, February 21st.

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.