Ashton Thomas Securities LLC Increases Position in First Trust Municipal High Income ETF (NASDAQ:FMHI)

Ashton Thomas Securities LLC increased its position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 11.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,513 shares of the company’s stock after purchasing an additional 2,027 shares during the period. Ashton Thomas Securities LLC owned 0.12% of First Trust Municipal High Income ETF worth $942,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FMHI. LPL Financial LLC raised its holdings in First Trust Municipal High Income ETF by 10.1% during the fourth quarter. LPL Financial LLC now owns 984,276 shares of the company’s stock valued at $47,531,000 after acquiring an additional 90,504 shares during the period. Creative Financial Designs Inc. ADV grew its position in shares of First Trust Municipal High Income ETF by 187.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 868 shares of the company’s stock worth $42,000 after purchasing an additional 566 shares in the last quarter. SlateStone Wealth LLC raised its stake in First Trust Municipal High Income ETF by 17.5% during the 4th quarter. SlateStone Wealth LLC now owns 165,903 shares of the company’s stock valued at $8,011,000 after purchasing an additional 24,701 shares during the period. Altus Wealth Group LLC purchased a new position in First Trust Municipal High Income ETF in the 4th quarter worth approximately $297,000. Finally, Hughes Financial Services LLC bought a new position in First Trust Municipal High Income ETF in the 4th quarter worth approximately $4,685,000.

First Trust Municipal High Income ETF Stock Down 0.3 %

Shares of FMHI opened at $48.12 on Tuesday. First Trust Municipal High Income ETF has a 1 year low of $47.33 and a 1 year high of $49.51. The company has a 50 day simple moving average of $48.44 and a two-hundred day simple moving average of $48.71.

First Trust Municipal High Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a dividend of $0.163 per share. The ex-dividend date was Friday, February 21st. This represents a $1.96 annualized dividend and a yield of 4.06%.

First Trust Municipal High Income ETF Company Profile

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.