Financial Partners Group Inc Grows Stock Position in First Trust Municipal High Income ETF $FMHI

Financial Partners Group Inc raised its holdings in First Trust Municipal High Income ETF (NASDAQ:FMHIFree Report) by 14.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 227,133 shares of the company’s stock after buying an additional 28,880 shares during the quarter. First Trust Municipal High Income ETF comprises 1.3% of Financial Partners Group Inc’s holdings, making the stock its 22nd largest position. Financial Partners Group Inc owned 1.20% of First Trust Municipal High Income ETF worth $10,910,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its stake in First Trust Municipal High Income ETF by 21.3% in the third quarter. Farther Finance Advisors LLC now owns 1,207 shares of the company’s stock valued at $57,000 after buying an additional 212 shares during the last quarter. Camelot Portfolios LLC purchased a new stake in First Trust Municipal High Income ETF in the fourth quarter valued at about $96,000. Hughes Financial Services LLC raised its stake in First Trust Municipal High Income ETF by 25.7% in 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 raised its stake in 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 valued at $182,000 after buying an additional 2,689 shares during the last quarter. Finally, Clear Creek Financial Management LLC purchased a new stake in First Trust Municipal High Income ETF in the third quarter valued at about $200,000.

First Trust Municipal High Income ETF Price Performance

Shares of FMHI stock opened at $48.17 on Friday. The stock’s 50-day simple moving average is $48.02 and its 200-day simple moving average is $48.04. First Trust Municipal High Income ETF has a fifty-two week low of $45.83 and a fifty-two week high of $48.73.

First Trust Municipal High Income ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, April 21st were issued a $0.175 dividend. The ex-dividend date of this dividend was Tuesday, April 21st.

About First Trust Municipal High Income ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for First Trust Municipal High Income ETF (NASDAQ:FMHI)

Receive News & Ratings for First Trust Municipal High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Municipal High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.