First Trust Municipal High Income ETF $FMHI Shares Sold by Stephens Inc. AR

Stephens Inc. AR reduced its stake in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 24.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,738 shares of the company’s stock after selling 14,891 shares during the quarter. Stephens Inc. AR owned about 0.24% of First Trust Municipal High Income ETF worth $2,192,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Camelot Portfolios LLC acquired a new stake in First Trust Municipal High Income ETF during the 4th quarter worth $96,000. Hughes Financial Services LLC raised its stake in First Trust Municipal High Income ETF by 25.7% during the 3rd quarter. Hughes Financial Services LLC now owns 3,074 shares of the company’s stock worth $148,000 after acquiring an additional 629 shares in the last quarter. CoreCap Advisors LLC raised its stake in First Trust Municipal High Income ETF by 243.8% during the 4th quarter. CoreCap Advisors LLC now owns 3,792 shares of the company’s stock worth $182,000 after acquiring an additional 2,689 shares in the last quarter. Clear Creek Financial Management LLC acquired a new stake in First Trust Municipal High Income ETF during the 3rd quarter worth $200,000. Finally, FSB Premier Wealth Management Inc. raised its stake in First Trust Municipal High Income ETF by 14.2% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 4,888 shares of the company’s stock worth $234,000 after acquiring an additional 608 shares in the last quarter.

First Trust Municipal High Income ETF Trading Up 0.0%

Shares of NASDAQ:FMHI opened at $47.81 on Tuesday. The company’s fifty day moving average price is $47.97 and its 200 day moving average price is $48.04. First Trust Municipal High Income ETF has a 12 month low of $45.83 and a 12 month high of $48.73.

First Trust Municipal High Income ETF Announces Dividend

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

First Trust Municipal High Income ETF 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.