Stonebridge Financial Planning Group LLC Makes New Investment in First Trust Municipal High Income ETF $FMHI

Stonebridge Financial Planning Group LLC bought a new position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 12,552 shares of the company’s stock, valued at approximately $602,000. Stonebridge Financial Planning Group LLC owned approximately 0.07% of First Trust Municipal High Income ETF at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Advyzon Investment Management LLC increased its stake in shares of First Trust Municipal High Income ETF by 2.3% in the third quarter. Advyzon Investment Management LLC now owns 9,783 shares of the company’s stock valued at $465,000 after buying an additional 223 shares during the period. Arbor Capital Management Inc. ADV increased its stake in shares of First Trust Municipal High Income ETF by 1.7% in the third quarter. Arbor Capital Management Inc. ADV now owns 15,578 shares of the company’s stock valued at $740,000 after buying an additional 257 shares during the period. Orion Porfolio Solutions LLC increased its stake in shares of First Trust Municipal High Income ETF by 4.7% in the second quarter. Orion Porfolio Solutions LLC now owns 8,184 shares of the company’s stock valued at $382,000 after buying an additional 365 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of First Trust Municipal High Income ETF by 0.5% in the third quarter. Envestnet Asset Management Inc. now owns 71,188 shares of the company’s stock valued at $3,382,000 after buying an additional 379 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its stake in shares of First Trust Municipal High Income ETF by 5.5% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 8,073 shares of the company’s stock valued at $387,000 after buying an additional 419 shares during the period.

First Trust Municipal High Income ETF Stock Down 0.1%

First Trust Municipal High Income ETF stock opened at $48.04 on Thursday. The business has a 50 day moving average of $47.99 and a 200-day moving average of $48.04. First Trust Municipal High Income ETF has a 1 year low of $45.83 and a 1 year high of $48.73.

First Trust Municipal High Income ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, April 21st were paid 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.