RFG Advisory LLC Boosts Holdings in First Trust Municipal High Income ETF $FMHI

RFG Advisory LLC boosted its position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 246.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,599 shares of the company’s stock after acquiring an additional 24,615 shares during the period. RFG Advisory LLC owned 0.18% of First Trust Municipal High Income ETF worth $1,658,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC acquired a new position in shares of First Trust Municipal High Income ETF during the first quarter valued at about $377,000. Baird Financial Group Inc. boosted its stake in First Trust Municipal High Income ETF by 7.6% in the 2nd quarter. Baird Financial Group Inc. now owns 6,400 shares of the company’s stock worth $299,000 after purchasing an additional 450 shares in the last quarter. Jane Street Group LLC grew its position in First Trust Municipal High Income ETF by 888.7% during the 2nd quarter. Jane Street Group LLC now owns 131,035 shares of the company’s stock worth $6,119,000 after purchasing an additional 117,782 shares during the last quarter. MML Investors Services LLC grew its position in First Trust Municipal High Income ETF by 1.4% during the 2nd quarter. MML Investors Services LLC now owns 101,612 shares of the company’s stock worth $4,745,000 after purchasing an additional 1,414 shares during the last quarter. Finally, Orion Porfolio Solutions LLC increased its stake in First Trust Municipal High Income ETF by 4.7% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 8,184 shares of the company’s stock valued at $382,000 after purchasing an additional 365 shares in the last quarter.

First Trust Municipal High Income ETF Stock Up 0.0%

NASDAQ FMHI opened at $48.17 on Friday. The company has a fifty day simple moving average of $48.02 and a two-hundred day simple moving average of $48.04. First Trust Municipal High Income ETF has a 12-month low of $45.83 and a 12-month high of $48.73.

First Trust Municipal High Income ETF Announces Dividend

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