First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) declared a monthly dividend on Tuesday, October 20th. Stockholders of record on Wednesday, October 21st will be given a dividend of $0.1590 per share on Friday, October 30th. This represents a $1.91 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Wednesday, October 21st.
First Trust Managed Municipal ETF Price Performance
Shares of NASDAQ:FMB traded down $0.07 during trading on Wednesday, reaching $48.56. 341,557 shares of the company’s stock traded hands, compared to its average volume of 220,932. First Trust Managed Municipal ETF has a 12 month low of $47.38 and a 12 month high of $52.03. The company has a 50 day moving average of $49.13 and a 200-day moving average of $50.36.
First Trust Managed Municipal ETF Company 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.
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