14,115 First Trust Managed Municipal ETF $FMB Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its holdings in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 8.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 178,128 shares of the company’s stock after buying an additional 14,115 shares during the period. Kestra Advisory Services LLC owned approximately 0.46% of First Trust Managed Municipal ETF worth $8,525,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC lifted its stake in First Trust Managed Municipal ETF by 124.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 46,527 shares of the company’s stock valued at $2,390,000 after acquiring an additional 25,824 shares during the period. NewEdge Advisors LLC grew its stake in shares of First Trust Managed Municipal ETF by 5.7% in the first quarter. NewEdge Advisors LLC now owns 428,809 shares of the company’s stock worth $21,723,000 after acquiring an additional 22,968 shares during the period. Old Mission Investment Co LLC bought a new stake in shares of First Trust Managed Municipal ETF in the second quarter worth approximately $518,000. Waverly Advisors LLC grew its stake in shares of First Trust Managed Municipal ETF by 35.0% in the first quarter. Waverly Advisors LLC now owns 63,519 shares of the company’s stock worth $3,218,000 after acquiring an additional 16,467 shares during the period. Finally, Blackhawk Capital Partners LLC raised its holdings in shares of First Trust Managed Municipal ETF by 53.1% during the first quarter. Blackhawk Capital Partners LLC now owns 114,133 shares of the company’s stock valued at $5,782,000 after purchasing an additional 39,581 shares during the last quarter.

First Trust Managed Municipal ETF Price Performance

FMB opened at $49.85 on Wednesday. The firm has a 50 day moving average price of $48.87 and a 200-day moving average price of $50.53. First Trust Managed Municipal ETF has a twelve month low of $47.38 and a twelve month high of $52.03.

First Trust Managed Municipal ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st were given a $0.1590 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Wednesday, October 21st.

First Trust Managed Municipal ETF Profile

The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure. FMB was launched on May 13, 2014 and is managed by First Trust.