Clear Creek Financial Management LLC Grows Stock Position in First Trust Managed Municipal ETF (NASDAQ:FMB)

Clear Creek Financial Management LLC boosted its stake in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 18.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,191 shares of the company’s stock after purchasing an additional 6,084 shares during the quarter. Clear Creek Financial Management LLC owned approximately 0.10% of First Trust Managed Municipal ETF worth $1,999,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Truist Financial Corp raised its holdings in shares of First Trust Managed Municipal ETF by 1.9% in the 2nd quarter. Truist Financial Corp now owns 289,752 shares of the company’s stock valued at $14,795,000 after purchasing an additional 5,387 shares in the last quarter. Cetera Investment Advisers raised its stake in First Trust Managed Municipal ETF by 7.9% in the second quarter. Cetera Investment Advisers now owns 272,638 shares of the company’s stock valued at $13,921,000 after buying an additional 20,076 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in First Trust Managed Municipal ETF in the second quarter valued at $3,590,000. Inspirion Wealth Advisors LLC lifted its holdings in First Trust Managed Municipal ETF by 4.1% during the 3rd quarter. Inspirion Wealth Advisors LLC now owns 62,223 shares of the company’s stock worth $3,233,000 after buying an additional 2,477 shares during the last quarter. Finally, Arkansas Financial Group Inc. boosted its position in shares of First Trust Managed Municipal ETF by 0.5% during the 3rd quarter. Arkansas Financial Group Inc. now owns 122,323 shares of the company’s stock worth $6,356,000 after acquiring an additional 592 shares in the last quarter.

First Trust Managed Municipal ETF Price Performance

Shares of NASDAQ FMB opened at $51.04 on Friday. The stock’s 50-day simple moving average is $51.17 and its 200-day simple moving average is $51.45. First Trust Managed Municipal ETF has a fifty-two week low of $48.10 and a fifty-two week high of $52.13.

First Trust Managed Municipal ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Wednesday, January 22nd. This is a boost from First Trust Managed Municipal ETF’s previous dividend of $0.14.

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.