Private Trust Co. NA Has $1.04 Million Stock Position in First Trust Managed Municipal ETF (NASDAQ:FMB)

Private Trust Co. NA boosted its holdings in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 14.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,010 shares of the company’s stock after buying an additional 2,496 shares during the quarter. Private Trust Co. NA owned approximately 0.05% of First Trust Managed Municipal ETF worth $1,040,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. DHJJ Financial Advisors Ltd. grew 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 valued at $40,000 after buying an additional 430 shares during the last quarter. Fifth Third Bancorp bought a new stake in shares of First Trust Managed Municipal ETF in the second quarter valued at approximately $51,000. IAG Wealth Partners LLC acquired a new stake in First Trust Managed Municipal ETF during the second quarter worth approximately $53,000. WR Wealth Planners LLC acquired a new stake in First Trust Managed Municipal ETF during the second quarter worth approximately $56,000. Finally, International Assets Investment Management LLC acquired a new position in First Trust Managed Municipal ETF in the 2nd quarter valued at $112,000.

First Trust Managed Municipal ETF Stock Up 0.4 %

FMB stock opened at $51.53 on Tuesday. First Trust Managed Municipal ETF has a 52 week low of $48.10 and a 52 week high of $52.13. The business has a 50-day simple moving average of $51.57 and a 200 day simple moving average of $51.43.

First Trust Managed Municipal ETF Dividend Announcement

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

First Trust Managed Municipal ETF 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.