Pineridge Advisors LLC Sells 1,686 Shares of First Trust Municipal High Income ETF (NASDAQ:FMHI)

Pineridge Advisors LLC lessened its holdings in First Trust Municipal High Income ETF (NASDAQ:FMHI) by 30.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,767 shares of the company’s stock after selling 1,686 shares during the quarter. Pineridge Advisors LLC’s holdings in First Trust Municipal High Income ETF were worth $182,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Larson Financial Group LLC purchased a new position in First Trust Municipal High Income ETF in the third quarter valued at approximately $92,000. Farmers & Merchants Investments Inc. bought a new stake in shares of First Trust Municipal High Income ETF in the third quarter valued at $109,000. Mach 1 Financial Group LLC purchased a new position in shares of First Trust Municipal High Income ETF during the 3rd quarter valued at $204,000. SeaCrest Wealth Management LLC bought a new position in shares of First Trust Municipal High Income ETF during the 3rd quarter worth $225,000. Finally, Silver Oak Securities Incorporated increased its holdings in First Trust Municipal High Income ETF by 9.4% in the 4th quarter. Silver Oak Securities Incorporated now owns 4,641 shares of the company’s stock worth $224,000 after acquiring an additional 399 shares during the last quarter.

First Trust Municipal High Income ETF Stock Down 0.0 %

NASDAQ FMHI opened at $48.68 on Tuesday. First Trust Municipal High Income ETF has a 52 week low of $47.33 and a 52 week high of $49.51. The firm’s 50-day simple moving average is $48.45 and its two-hundred day simple moving average is $48.82.

First Trust Municipal High Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a dividend of $0.163 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date of this dividend was Wednesday, January 22nd.

First Trust Municipal High Income ETF Company 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.