Wiser Advisor Group LLC Has $3.01 Million Stock Holdings in First Trust Managed Municipal ETF (NASDAQ:FMB)

Wiser Advisor Group LLC lessened its position in First Trust Managed Municipal ETF (NASDAQ:FMB) by 0.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,916 shares of the company’s stock after selling 306 shares during the quarter. First Trust Managed Municipal ETF comprises about 4.5% of Wiser Advisor Group LLC’s investment portfolio, making the stock its 3rd biggest position. Wiser Advisor Group LLC’s holdings in First Trust Managed Municipal ETF were worth $3,009,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Strategic Financial Partners Ltd. increased its position in First Trust Managed Municipal ETF by 0.6% during the second quarter. Strategic Financial Partners Ltd. now owns 33,547 shares of the company’s stock worth $1,713,000 after acquiring an additional 207 shares during the period. PFS Partners LLC lifted its stake in shares of First Trust Managed Municipal ETF by 2.1% in the third quarter. PFS Partners LLC now owns 10,209 shares of the company’s stock valued at $530,000 after buying an additional 214 shares during the period. Great Valley Advisor Group Inc. increased its stake in First Trust Managed Municipal ETF by 2.3% during the second quarter. Great Valley Advisor Group Inc. now owns 11,363 shares of the company’s stock valued at $580,000 after acquiring an additional 252 shares during the period. Auour Investments LLC raised its holdings in First Trust Managed Municipal ETF by 3.7% in the 2nd quarter. Auour Investments LLC now owns 7,191 shares of the company’s stock valued at $367,000 after acquiring an additional 256 shares in the last quarter. Finally, Prestige Wealth Management Group LLC lifted its position in shares of First Trust Managed Municipal ETF by 0.4% in the 2nd quarter. Prestige Wealth Management Group LLC now owns 79,954 shares of the company’s stock worth $4,082,000 after acquiring an additional 292 shares during the period.

First Trust Managed Municipal ETF Price Performance

Shares of NASDAQ:FMB traded up $0.16 during trading on Monday, hitting $51.51. 1,141 shares of the stock were exchanged, compared to its average volume of 154,337. The company’s fifty day simple moving average is $51.58 and its 200-day simple moving average is $51.43. First Trust Managed Municipal ETF has a 1-year low of $48.10 and a 1-year high of $52.13.

First Trust Managed Municipal ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be issued a $0.139 dividend. The ex-dividend date is Thursday, November 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.