Core Wealth Partners LLC Purchases 2,170 Shares of First Trust Managed Municipal ETF (NASDAQ:FMB)

Core Wealth Partners LLC boosted its position in First Trust Managed Municipal ETF (NASDAQ:FMB) by 10.0% during the 4th quarter, Holdings Channel reports. The fund owned 23,896 shares of the company’s stock after buying an additional 2,170 shares during the period. Core Wealth Partners LLC’s holdings in First Trust Managed Municipal ETF were worth $1,219,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Private Trust Co. NA lifted its holdings in shares of First Trust Managed Municipal ETF by 14.3% in the 3rd quarter. Private Trust Co. NA now owns 20,010 shares of the company’s stock worth $1,040,000 after purchasing an additional 2,496 shares in the last quarter. Elios Financial Group Inc. acquired a new position in First Trust Managed Municipal ETF during the third quarter worth $3,602,000. D.A. Davidson & CO. lifted its stake in shares of First Trust Managed Municipal ETF by 3.9% in the third quarter. D.A. Davidson & CO. now owns 55,842 shares of the company’s stock valued at $2,902,000 after buying an additional 2,116 shares in the last quarter. Townsquare Capital LLC acquired a new position in shares of First Trust Managed Municipal ETF during the third quarter valued at about $545,000. Finally, Freedom Investment Management Inc. increased its position in shares of First Trust Managed Municipal ETF by 2.2% during the third quarter. Freedom Investment Management Inc. now owns 33,604 shares of the company’s stock worth $1,746,000 after acquiring an additional 713 shares in the last quarter.

First Trust Managed Municipal ETF Stock Down 0.0 %

Shares of NASDAQ FMB opened at $50.70 on Wednesday. The firm’s 50-day simple moving average is $51.07 and its 200 day simple moving average is $51.33. 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 Announces Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, February 21st.

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.