First Trust Managed Municipal ETF (FMB) to Issue Dividend of $0.14 on January 31st

First Trust Managed Municipal ETF (NASDAQ:FMB) declared a dividend on Tuesday, January 21st,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 22nd will be given a dividend of 0.14 per share on Friday, January 31st. The ex-dividend date of this dividend is Wednesday, January 22nd. This is a boost from First Trust Managed Municipal ETF’s previous dividend of $0.14.

First Trust Managed Municipal ETF Stock Performance

FMB opened at $50.84 on Thursday. First Trust Managed Municipal ETF has a fifty-two week low of $48.10 and a fifty-two week high of $52.13. The firm has a 50-day moving average of $51.24 and a 200 day moving average of $51.47.

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.