ShoreHaven Wealth Partners LLC Sells 737 Shares of First Trust Managed Municipal ETF (NASDAQ:FMB)

ShoreHaven Wealth Partners LLC decreased its position in First Trust Managed Municipal ETF (NASDAQ:FMB) by 11.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,684 shares of the company’s stock after selling 737 shares during the period. ShoreHaven Wealth Partners LLC’s holdings in First Trust Managed Municipal ETF were worth $294,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. LPL Financial LLC increased its position in shares of First Trust Managed Municipal ETF by 13.6% during the 3rd quarter. LPL Financial LLC now owns 2,311,853 shares of the company’s stock valued at $113,003,000 after purchasing an additional 277,430 shares during the last quarter. UBS Group AG boosted its position in First Trust Managed Municipal ETF by 3.7% during the 3rd quarter. UBS Group AG now owns 2,249,392 shares of the company’s stock valued at $109,950,000 after acquiring an additional 80,201 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in First Trust Managed Municipal ETF by 20.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 903,423 shares of the company’s stock valued at $46,675,000 after purchasing an additional 156,465 shares in the last quarter. Miracle Mile Advisors LLC lifted its stake in shares of First Trust Managed Municipal ETF by 63.2% in the fourth quarter. Miracle Mile Advisors LLC now owns 444,237 shares of the company’s stock worth $22,951,000 after buying an additional 171,963 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of First Trust Managed Municipal ETF by 1.4% during the third quarter. Envestnet Asset Management Inc. now owns 306,351 shares of the company’s stock valued at $14,974,000 after buying an additional 4,284 shares during the last quarter.

First Trust Managed Municipal ETF Trading Up 0.0 %

Shares of First Trust Managed Municipal ETF stock traded up $0.02 during trading on Wednesday, hitting $51.23. 87,898 shares of the company’s stock traded hands, compared to its average volume of 160,351. First Trust Managed Municipal ETF has a 1 year low of $48.08 and a 1 year high of $51.77. The business has a 50-day simple moving average of $51.21 and a 200-day simple moving average of $50.88.

First Trust Managed Municipal ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 30th. Investors of record on Wednesday, April 24th were given a dividend of $0.135 per share. The ex-dividend date was Tuesday, April 23rd. This represents a $1.62 dividend on an annualized basis and a yield of 3.16%.

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.