First Trust Municipal High Income ETF (NASDAQ:FMHI) Shares Acquired by Private Trust Co. NA

Private Trust Co. NA boosted its position in First Trust Municipal High Income ETF (NASDAQ:FMHI) by 16.0% during the 4th quarter, Holdings Channel reports. The fund owned 4,930 shares of the company’s stock after acquiring an additional 680 shares during the quarter. Private Trust Co. NA’s holdings in First Trust Municipal High Income ETF were worth $238,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FMHI. Great Valley Advisor Group Inc. boosted its position in shares of First Trust Municipal High Income ETF by 1.1% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 19,639 shares of the company’s stock worth $970,000 after acquiring an additional 209 shares in the last quarter. Flagstar Advisors Inc. lifted its stake in First Trust Municipal High Income ETF by 0.7% during the fourth quarter. Flagstar Advisors Inc. now owns 28,975 shares of the company’s stock worth $1,399,000 after purchasing an additional 212 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in First Trust Municipal High Income ETF by 1.7% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 14,815 shares of the company’s stock valued at $715,000 after purchasing an additional 250 shares in the last quarter. Boyd Wealth Management LLC increased its stake in First Trust Municipal High Income ETF by 1.5% in the fourth quarter. Boyd Wealth Management LLC now owns 18,492 shares of the company’s stock valued at $893,000 after purchasing an additional 271 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its holdings in First Trust Municipal High Income ETF by 3.4% during the third quarter. Integrated Wealth Concepts LLC now owns 9,063 shares of the company’s stock worth $448,000 after purchasing an additional 302 shares in the last quarter.

First Trust Municipal High Income ETF Stock Performance

Shares of NASDAQ:FMHI opened at $48.81 on Tuesday. The firm has a 50 day simple moving average of $48.37 and a 200-day simple moving average of $48.78. First Trust Municipal High Income ETF has a twelve month low of $47.33 and a twelve month high of $49.51.

First Trust Municipal High Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a $0.163 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.96 dividend on an annualized basis and a yield of 4.01%.

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.