Core Wealth Partners LLC Sells 1,615 Shares of First Trust Municipal High Income ETF (NASDAQ:FMHI)

Core Wealth Partners LLC decreased its position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 27.4% during the 4th quarter, HoldingsChannel reports. The fund owned 4,280 shares of the company’s stock after selling 1,615 shares during the period. Core Wealth Partners LLC’s holdings in First Trust Municipal High Income ETF were worth $207,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of FMHI. Creative Financial Designs Inc. ADV boosted its position in 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 valued at $42,000 after acquiring an additional 566 shares during the last quarter. Duncker Streett & Co. Inc. purchased a new stake in First Trust Municipal High Income ETF in the 4th quarter valued at $67,000. Larson Financial Group LLC bought a new position in shares of First Trust Municipal High Income ETF during the 3rd quarter worth approximately $92,000. Synergy Investment Management LLC purchased a new position in shares of First Trust Municipal High Income ETF in the 4th quarter worth about $124,000. Finally, 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 purchasing an additional 399 shares during the last quarter.

First Trust Municipal High Income ETF Trading Down 0.1 %

FMHI opened at $48.06 on Wednesday. First Trust Municipal High Income ETF has a twelve month low of $47.33 and a twelve month high of $49.51. The firm has a 50-day moving average price of $48.44 and a 200-day moving average price of $48.71.

First Trust Municipal High Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a dividend of $0.163 per share. This represents a $1.96 dividend on an annualized basis and a yield of 4.07%. 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.