Sigma Planning Corp Has $2.04 Million Position in First Trust Managed Municipal ETF (NASDAQ:FMB)

Sigma Planning Corp lifted its holdings in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,045 shares of the company’s stock after purchasing an additional 503 shares during the quarter. Sigma Planning Corp owned approximately 0.10% of First Trust Managed Municipal ETF worth $2,043,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Pinnacle Bancorp Inc. increased its holdings in shares of First Trust Managed Municipal ETF by 152.9% during the 4th quarter. Pinnacle Bancorp Inc. now owns 2,150 shares of the company’s stock valued at $110,000 after acquiring an additional 1,300 shares during the last quarter. Fifth Third Bancorp grew its holdings in First Trust Managed Municipal ETF by 177.8% during the fourth quarter. Fifth Third Bancorp now owns 2,778 shares of the company’s stock valued at $142,000 after purchasing an additional 1,778 shares during the last quarter. Dopkins Wealth Management LLC acquired a new position in First Trust Managed Municipal ETF during the third quarter valued at approximately $201,000. TrueWealth Advisors LLC acquired a new position in First Trust Managed Municipal ETF in the 4th quarter valued at $207,000. Finally, James Investment Research Inc. acquired a new position in First Trust Managed Municipal ETF in the 3rd quarter valued at $224,000.

First Trust Managed Municipal ETF Trading Down 0.0 %

NASDAQ:FMB opened at $51.24 on Monday. First Trust Managed Municipal ETF has a 1 year low of $48.10 and a 1 year high of $52.13. The firm’s fifty day simple moving average is $51.00 and its 200 day simple moving average is $51.41.

First Trust Managed Municipal ETF Dividend Announcement

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

First Trust Managed Municipal ETF 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.