First Trust Managed Municipal ETF (NASDAQ:FMB) Announces $0.14 Dividend

First Trust Managed Municipal ETF (NASDAQ:FMB) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.14 per share on Monday, March 31st. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Managed Municipal ETF Trading Down 0.5 %

Shares of NASDAQ:FMB traded down $0.27 during mid-day trading on Thursday, reaching $50.17. The company had a trading volume of 166,697 shares, compared to its average volume of 167,217. First Trust Managed Municipal ETF has a one year low of $48.10 and a one year high of $52.13. The company’s 50-day moving average price is $51.06 and its 200-day moving average price is $51.32.

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.