First Trust Managed Municipal ETF (NASDAQ:FMB) Sets New 52-Week High – Should You Buy?

Posted by Casey Walker on Jun 16th, 2026

First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $52.31 and last traded at $52.31, with a volume of 9001 shares changing hands. The stock had previously closed at $51.29.

First Trust Managed Municipal ETF Stock Performance

The firm has a 50-day simple moving average of $51.10 and a 200 day simple moving average of $51.23.

First Trust Managed Municipal ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were paid a dividend of $0.156 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Thursday, May 21st.

Institutional Investors Weigh In On First Trust Managed Municipal ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of FMB. Frazier Financial Advisors LLC acquired a new stake in shares of First Trust Managed Municipal ETF in the first quarter valued at about $31,000. Ameriflex Group Inc. acquired a new stake in shares of First Trust Managed Municipal ETF during the 3rd quarter valued at approximately $40,000. PNC Financial Services Group Inc. purchased a new stake in shares of First Trust Managed Municipal ETF during the 3rd quarter worth approximately $51,000. Ascentis Independent Advisors acquired a new stake in shares of First Trust Managed Municipal ETF in the 1st quarter worth approximately $53,000. Finally, Tucker Asset Management LLC purchased a new position in First Trust Managed Municipal ETF in the 4th quarter valued at approximately $54,000.

First Trust Managed Municipal ETF Company Profile

(Get Free Report)

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.