First Trust Managed Municipal ETF (NASDAQ:FMB) Shares Bought by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. grew its position in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 482.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 25,613 shares of the company’s stock after purchasing an additional 21,212 shares during the quarter. SRS Capital Advisors Inc. owned 0.06% of First Trust Managed Municipal ETF worth $1,307,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Maia Wealth LLC bought a new stake in shares of First Trust Managed Municipal ETF during the 4th quarter worth $234,000. Duncker Streett & Co. Inc. bought a new stake in shares of First Trust Managed Municipal ETF during the 4th quarter worth $108,000. US Bancorp DE boosted its stake in shares of First Trust Managed Municipal ETF by 45.1% during the 4th quarter. US Bancorp DE now owns 10,861 shares of the company’s stock worth $554,000 after acquiring an additional 3,376 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of First Trust Managed Municipal ETF by 1.0% during the 4th quarter. Private Trust Co. NA now owns 20,210 shares of the company’s stock worth $1,031,000 after acquiring an additional 200 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of First Trust Managed Municipal ETF by 2.7% during the 4th quarter. Bank of New York Mellon Corp now owns 209,281 shares of the company’s stock worth $10,675,000 after acquiring an additional 5,574 shares in the last quarter.

First Trust Managed Municipal ETF Price Performance

FMB opened at $51.47 on Monday. The business has a fifty day simple moving average of $51.04 and a 200-day simple moving average of $51.40. First Trust Managed Municipal ETF has a fifty-two week low of $48.10 and a fifty-two week high of $52.13.

First Trust Managed Municipal ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, February 21st.

First Trust Managed Municipal ETF 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.