Ashton Thomas Private Wealth LLC Sells 969 Shares of First Trust Managed Municipal ETF (NASDAQ:FMB)

Ashton Thomas Private Wealth LLC decreased its holdings in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 9.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,290 shares of the company’s stock after selling 969 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in First Trust Managed Municipal ETF were worth $483,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. DHJJ Financial Advisors Ltd. boosted its stake in First Trust Managed Municipal ETF by 119.4% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 790 shares of the company’s stock worth $40,000 after purchasing an additional 430 shares during the period. Fifth Third Bancorp bought a new position in shares of First Trust Managed Municipal ETF in the second quarter valued at approximately $51,000. IAG Wealth Partners LLC purchased a new position in First Trust Managed Municipal ETF during the second quarter valued at approximately $53,000. WR Wealth Planners LLC bought a new stake in First Trust Managed Municipal ETF during the 2nd quarter worth approximately $56,000. Finally, International Assets Investment Management LLC bought a new stake in First Trust Managed Municipal ETF during the 2nd quarter worth approximately $112,000.

First Trust Managed Municipal ETF Price Performance

Shares of NASDAQ:FMB opened at $51.32 on Friday. First Trust Managed Municipal ETF has a one year low of $48.10 and a one year high of $52.13. The firm has a fifty day moving average price of $51.65 and a two-hundred day moving average price of $51.40.

First Trust Managed Municipal ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were given a dividend of $0.139 per share. The ex-dividend date of this dividend was Tuesday, October 22nd.

About First Trust Managed Municipal ETF

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.