First Trust Municipal High Income ETF (NASDAQ:FMHI) Shares Purchased by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV raised its stake in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 187.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 868 shares of the company’s stock after buying an additional 566 shares during the period. Creative Financial Designs Inc. ADV’s holdings in First Trust Municipal High Income ETF were worth $42,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FMHI. Duncker Streett & Co. Inc. acquired a new position in First Trust Municipal High Income ETF during the 4th quarter valued at about $67,000. Larson Financial Group LLC bought a new position in shares of First Trust Municipal High Income ETF during the 3rd quarter valued at about $92,000. Synergy Investment Management LLC bought a new position in shares of First Trust Municipal High Income ETF during the 4th quarter valued at about $124,000. Silver Oak Securities Incorporated boosted its position in shares of First Trust Municipal High Income ETF by 9.4% during the 4th 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 in the last quarter. Finally, Private Trust Co. NA boosted its position in shares of First Trust Municipal High Income ETF by 16.0% during the 4th quarter. Private Trust Co. NA now owns 4,930 shares of the company’s stock valued at $238,000 after purchasing an additional 680 shares in the last quarter.

First Trust Municipal High Income ETF Stock Performance

NASDAQ:FMHI opened at $48.27 on Friday. First Trust Municipal High Income ETF has a twelve month low of $47.33 and a twelve month high of $49.51. The company has a 50-day moving average of $48.44 and a 200-day moving average of $48.73.

First Trust Municipal High Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.163 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.96 annualized dividend and a dividend yield of 4.05%.

First Trust Municipal High Income ETF 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.