First Trust Managed Municipal ETF (NASDAQ:FMB) Announces Dividend of $0.16

First Trust Managed Municipal ETF (NASDAQ:FMB) announced a dividend on Monday, April 20th, NASDAQ Dividends reports. Investors of record on Tuesday, April 21st will be given a dividend of 0.156 per share on Thursday, April 30th. The ex-dividend date is Tuesday, April 21st.

First Trust Managed Municipal ETF Stock Performance

NASDAQ:FMB traded down $0.19 during mid-day trading on Tuesday, reaching $51.18. The stock had a trading volume of 12,554 shares, compared to its average volume of 154,768. The firm has a 50 day moving average price of $51.33 and a two-hundred day moving average price of $51.25. First Trust Managed Municipal ETF has a one year low of $49.04 and a one year high of $52.03.

About First Trust Managed Municipal ETF

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.