Wiser Advisor Group LLC Sells 306 Shares of First Trust Managed Municipal ETF (NASDAQ:FMB)

Wiser Advisor Group LLC trimmed its holdings in First Trust Managed Municipal ETF (NASDAQ:FMB) by 0.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,916 shares of the company’s stock after selling 306 shares during the quarter. First Trust Managed Municipal ETF accounts for about 4.5% of Wiser Advisor Group LLC’s portfolio, making the stock its 3rd biggest holding. Wiser Advisor Group LLC owned 0.15% of First Trust Managed Municipal ETF worth $3,009,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. &PARTNERS grew its holdings in shares of First Trust Managed Municipal ETF by 9.9% in the 2nd quarter. &PARTNERS now owns 21,950 shares of the company’s stock worth $1,121,000 after acquiring an additional 1,979 shares during the last quarter. Fifth Third Bancorp purchased a new position in First Trust Managed Municipal ETF in the 2nd quarter worth about $51,000. NewEdge Advisors LLC increased its stake in First Trust Managed Municipal ETF by 39.3% in the 2nd quarter. NewEdge Advisors LLC now owns 236,657 shares of the company’s stock worth $12,084,000 after purchasing an additional 66,762 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in First Trust Managed Municipal ETF by 3.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 128,018 shares of the company’s stock worth $6,537,000 after buying an additional 4,313 shares during the period. Finally, HFG Wealth Management LLC raised its holdings in shares of First Trust Managed Municipal ETF by 1.8% during the second quarter. HFG Wealth Management LLC now owns 51,836 shares of the company’s stock valued at $2,647,000 after acquiring an additional 902 shares during the period.

First Trust Managed Municipal ETF Trading Up 0.3 %

First Trust Managed Municipal ETF stock traded up $0.16 during midday trading on Monday, reaching $51.51. The stock had a trading volume of 1,141 shares, compared to its average volume of 154,337. First Trust Managed Municipal ETF has a twelve month low of $48.10 and a twelve month high of $52.13. The firm’s fifty day simple moving average is $51.58 and its two-hundred day simple moving average is $51.43.

First Trust Managed Municipal ETF Dividend Announcement

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

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.