First Trust Municipal High Income ETF (NASDAQ:FMHI) Shares Acquired by EnRich Financial Partners LLC

EnRich Financial Partners LLC lifted its stake in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 5.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 139,912 shares of the company’s stock after acquiring an additional 6,990 shares during the quarter. First Trust Municipal High Income ETF accounts for about 2.3% of EnRich Financial Partners LLC’s portfolio, making the stock its 13th largest position. EnRich Financial Partners LLC’s holdings in First Trust Municipal High Income ETF were worth $6,912,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of FMHI. Manhattan West Asset Management LLC grew its stake in First Trust Municipal High Income ETF by 6.6% during the 1st quarter. Manhattan West Asset Management LLC now owns 181,057 shares of the company’s stock worth $8,723,000 after purchasing an additional 11,236 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of First Trust Municipal High Income ETF by 881.4% in the 1st quarter. Jane Street Group LLC now owns 107,345 shares of the company’s stock valued at $5,172,000 after buying an additional 96,407 shares during the period. Comerica Bank grew its position in shares of First Trust Municipal High Income ETF by 77.4% during the first quarter. Comerica Bank now owns 13,943 shares of the company’s stock worth $672,000 after buying an additional 6,082 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of First Trust Municipal High Income ETF by 585.7% during the first quarter. Cetera Investment Advisers now owns 145,955 shares of the company’s stock worth $7,032,000 after buying an additional 124,671 shares during the period. Finally, Cetera Advisors LLC acquired a new stake in First Trust Municipal High Income ETF in the first quarter valued at approximately $1,446,000.

First Trust Municipal High Income ETF Trading Up 0.4 %

NASDAQ FMHI opened at $48.95 on Tuesday. First Trust Municipal High Income ETF has a 52 week low of $45.68 and a 52 week high of $49.51. The firm has a 50 day moving average of $49.05 and a two-hundred day moving average of $48.71.

First Trust Municipal High Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were issued a dividend of $0.163 per share. The ex-dividend date was Tuesday, October 22nd. This represents a $1.96 dividend on an annualized basis and a yield of 4.00%.

First Trust Municipal High Income ETF Profile

The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.