17,143 Shares in First Trust Municipal High Income ETF (NASDAQ:FMHI) Acquired by Nwam LLC

Nwam LLC acquired a new position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 17,143 shares of the company’s stock, valued at approximately $828,000. Nwam LLC owned about 0.11% of First Trust Municipal High Income ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of FMHI. Larson Financial Group LLC bought a new position in First Trust Municipal High Income ETF in the third quarter valued at approximately $92,000. Mach 1 Financial Group LLC bought a new position in First Trust Municipal High Income ETF in the third quarter valued at approximately $204,000. Silver Oak Securities Incorporated lifted its stake in First Trust Municipal High Income ETF by 9.4% in the fourth quarter. Silver Oak Securities Incorporated now owns 4,641 shares of the company’s stock valued at $224,000 after buying an additional 399 shares in the last quarter. Westside Investment Management Inc. lifted its stake in First Trust Municipal High Income ETF by 100.0% in the fourth quarter. Westside Investment Management Inc. now owns 5,000 shares of the company’s stock valued at $241,000 after buying an additional 2,500 shares in the last quarter. Finally, Curran Financial Partners LLC bought a new position in First Trust Municipal High Income ETF in the fourth quarter valued at approximately $276,000.

First Trust Municipal High Income ETF Stock Down 0.1 %

Shares of FMHI opened at $48.80 on Friday. First Trust Municipal High Income ETF has a twelve month low of $47.33 and a twelve month high of $49.51. The firm’s 50 day moving average price is $48.36 and its two-hundred day moving average price is $48.78.

First Trust Municipal High Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a $0.163 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 4.01%. The ex-dividend date was Friday, February 21st.

About First Trust Municipal High Income ETF

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.