Crumly & Associates Inc. Buys 18,881 Shares of First Trust Municipal High Income ETF $FMHI

Crumly & Associates Inc. increased its position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 31.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 79,447 shares of the company’s stock after purchasing an additional 18,881 shares during the quarter. Crumly & Associates Inc. owned 0.45% of First Trust Municipal High Income ETF worth $3,775,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of FMHI. Arbor Capital Management Inc. ADV lifted its holdings in shares of First Trust Municipal High Income ETF by 1.7% during the 3rd quarter. Arbor Capital Management Inc. ADV now owns 15,578 shares of the company’s stock worth $740,000 after acquiring an additional 257 shares during the period. Truist Financial Corp raised its position in First Trust Municipal High Income ETF by 36.5% during the third quarter. Truist Financial Corp now owns 57,625 shares of the company’s stock valued at $2,738,000 after purchasing an additional 15,413 shares in the last quarter. OneAscent Financial Services LLC lifted its stake in First Trust Municipal High Income ETF by 6.3% during the third quarter. OneAscent Financial Services LLC now owns 12,937 shares of the company’s stock worth $615,000 after purchasing an additional 762 shares during the last quarter. Dynasty Wealth Management LLC lifted its stake in First Trust Municipal High Income ETF by 22.0% during the third quarter. Dynasty Wealth Management LLC now owns 11,284 shares of the company’s stock worth $536,000 after purchasing an additional 2,038 shares during the last quarter. Finally, Stewardship Advisors LLC boosted its holdings in shares of First Trust Municipal High Income ETF by 6.0% in the 3rd quarter. Stewardship Advisors LLC now owns 76,848 shares of the company’s stock valued at $3,651,000 after purchasing an additional 4,365 shares in the last quarter.

First Trust Municipal High Income ETF Trading Up 0.0%

Shares of FMHI opened at $47.99 on Thursday. First Trust Municipal High Income ETF has a 52-week low of $44.80 and a 52-week high of $49.05. The business’s fifty day moving average is $47.95 and its 200-day moving average is $47.42.

First Trust Municipal High Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st will be given a $0.174 dividend. This is a boost from First Trust Municipal High Income ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Wednesday, January 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.