First Trust Municipal High Income ETF $FMHI Shares Acquired by Plan Group Financial LLC

Plan Group Financial LLC increased its position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 37.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 82,516 shares of the company’s stock after purchasing an additional 22,433 shares during the quarter. Plan Group Financial LLC owned 0.44% of First Trust Municipal High Income ETF worth $3,955,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Farther Finance Advisors LLC raised its holdings in shares of First Trust Municipal High Income ETF by 21.3% during the third quarter. Farther Finance Advisors LLC now owns 1,207 shares of the company’s stock worth $57,000 after purchasing an additional 212 shares during the period. Camelot Portfolios LLC acquired a new position in shares of First Trust Municipal High Income ETF in the 4th quarter valued at about $96,000. Hughes Financial Services LLC grew its position in shares of First Trust Municipal High Income ETF by 25.7% during the 3rd quarter. Hughes Financial Services LLC now owns 3,074 shares of the company’s stock valued at $148,000 after buying an additional 629 shares during the last quarter. CoreCap Advisors LLC raised its stake in First Trust Municipal High Income ETF by 243.8% during the fourth quarter. CoreCap Advisors LLC now owns 3,792 shares of the company’s stock worth $182,000 after acquiring an additional 2,689 shares during the period. Finally, Clear Creek Financial Management LLC acquired a new stake in First Trust Municipal High Income ETF during the third quarter worth about $200,000.

First Trust Municipal High Income ETF Stock Performance

Shares of FMHI stock opened at $48.14 on Thursday. The business has a 50 day moving average of $48.03 and a two-hundred day moving average of $48.04. First Trust Municipal High Income ETF has a 52 week low of $45.83 and a 52 week high of $48.73.

First Trust Municipal High Income ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, April 21st were given a dividend of $0.175 per share. The ex-dividend date was Tuesday, April 21st.

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.