UBS Group AG Purchases 38,553 Shares of First Trust Managed Municipal ETF $FMB

UBS Group AG lifted its position in shares of First Trust Managed Municipal ETF (NASDAQ:FMBFree Report) by 2.1% in the 4th quarter, Holdings Channel reports. The fund owned 1,836,968 shares of the company’s stock after buying an additional 38,553 shares during the quarter. UBS Group AG’s holdings in First Trust Managed Municipal ETF were worth $93,933,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in FMB. Ameriflex Group Inc. bought a new position in shares of First Trust Managed Municipal ETF during the 3rd quarter worth $40,000. Hazlett Burt & Watson Inc. bought a new position in shares of First Trust Managed Municipal ETF during the 3rd quarter worth $45,000. PNC Financial Services Group Inc. bought a new position in shares of First Trust Managed Municipal ETF during the 3rd quarter worth $51,000. Evolution Wealth Management Inc. grew its stake in shares of First Trust Managed Municipal ETF by 196.0% during the 3rd quarter. Evolution Wealth Management Inc. now owns 1,631 shares of the company’s stock worth $83,000 after acquiring an additional 1,080 shares during the period. Finally, Fifth Third Bancorp grew its stake in shares of First Trust Managed Municipal ETF by 39.1% during the 3rd quarter. Fifth Third Bancorp now owns 2,474 shares of the company’s stock worth $125,000 after acquiring an additional 696 shares during the period.

First Trust Managed Municipal ETF Stock Performance

Shares of NASDAQ FMB opened at $51.11 on Friday. First Trust Managed Municipal ETF has a 52 week low of $49.28 and a 52 week high of $52.03. The business has a 50-day simple moving average of $51.22 and a two-hundred day simple moving average of $51.26.

First Trust Managed Municipal ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were paid a $0.156 dividend. The ex-dividend date was Tuesday, April 21st. This represents a c) annualized dividend and a yield of 3.7%.

First Trust Managed Municipal ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Managed Municipal ETF (NASDAQ:FMB)

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