UBS Group AG Increases Holdings in First Trust Municipal High Income ETF $FMHI

UBS Group AG grew its holdings in First Trust Municipal High Income ETF (NASDAQ:FMHI) by 10.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 324,495 shares of the company’s stock after acquiring an additional 30,404 shares during the period. UBS Group AG owned about 1.73% of First Trust Municipal High Income ETF worth $15,554,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Hughes Financial Services LLC raised its position in shares of First Trust Municipal High Income ETF by 25.7% during the third 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 lifted its holdings in shares of First Trust Municipal High Income ETF by 243.8% in the fourth quarter. CoreCap Advisors LLC now owns 3,792 shares of the company’s stock worth $182,000 after buying an additional 2,689 shares in the last quarter. Clear Creek Financial Management LLC purchased a new position in shares of First Trust Municipal High Income ETF in the third quarter worth $200,000. Stratos Wealth Partners LTD. lifted its holdings in shares of First Trust Municipal High Income ETF by 8.6% in the third quarter. Stratos Wealth Partners LTD. now owns 5,642 shares of the company’s stock worth $268,000 after buying an additional 447 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of First Trust Municipal High Income ETF by 22.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 6,037 shares of the company’s stock worth $289,000 after buying an additional 1,103 shares in the last quarter.

First Trust Municipal High Income ETF Price Performance

FMHI stock opened at $48.04 on Thursday. First Trust Municipal High Income ETF has a one year low of $45.83 and a one year high of $48.73. The company’s fifty day moving average price is $47.99 and its 200-day moving average price is $48.04.

First Trust Municipal High Income ETF Announces Dividend

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

First Trust Municipal High Income ETF Company 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.