First Trust Managed Municipal ETF (NASDAQ:FMB) Announces Dividend of $0.14

First Trust Managed Municipal ETF (NASDAQ:FMB) announced a dividend on Tuesday, January 21st,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 22nd will be given a dividend of 0.14 per share on Friday, January 31st. The ex-dividend date of this dividend is Wednesday, January 22nd. This is a boost from First Trust Managed Municipal ETF’s previous dividend of $0.14.

First Trust Managed Municipal ETF Stock Performance

First Trust Managed Municipal ETF stock traded down $0.14 during mid-day trading on Wednesday, hitting $50.84. The company’s stock had a trading volume of 329,983 shares, compared to its average volume of 261,660. The business has a 50 day moving average price of $51.24 and a 200-day moving average price of $51.47. First Trust Managed Municipal ETF has a 12 month low of $48.10 and a 12 month high of $52.13.

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.