RFG Advisory LLC Raises Stock Position in First Trust Municipal High Income ETF $FMHI

RFG Advisory LLC increased its holdings in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 246.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,599 shares of the company’s stock after purchasing an additional 24,615 shares during the period. RFG Advisory LLC’s holdings in First Trust Municipal High Income ETF were worth $1,658,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its holdings in shares of First Trust Municipal High Income ETF by 21.3% during the third quarter. Farther Finance Advisors LLC now owns 1,207 shares of the company’s stock worth $57,000 after purchasing an additional 212 shares during the last quarter. Camelot Portfolios LLC purchased a new position in shares of First Trust Municipal High Income ETF during the fourth quarter worth $96,000. Hughes Financial Services LLC raised its holdings in shares of First Trust Municipal High Income ETF by 25.7% during the third quarter. Hughes Financial Services LLC now owns 3,074 shares of the company’s stock worth $148,000 after purchasing an additional 629 shares during the last quarter. CoreCap Advisors LLC raised its holdings in shares of First Trust Municipal High Income ETF by 243.8% during the fourth quarter. CoreCap Advisors LLC now owns 3,792 shares of the company’s stock worth $182,000 after purchasing an additional 2,689 shares during the last quarter. Finally, Clear Creek Financial Management LLC purchased a new position in shares of First Trust Municipal High Income ETF during the third quarter worth $200,000.

First Trust Municipal High Income ETF Stock Up 0.0%

FMHI opened at $48.17 on Friday. First Trust Municipal High Income ETF has a fifty-two week low of $45.83 and a fifty-two week high of $48.73. The company has a fifty day moving average of $48.02 and a two-hundred day moving average of $48.04.

First Trust Municipal High Income ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were issued a $0.175 dividend. The ex-dividend date of this dividend was Tuesday, April 21st.

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.