First Trust Managed Municipal ETF (NASDAQ:FMB) Shares Purchased by Weitzel Financial Services Inc.

Weitzel Financial Services Inc. lifted its holdings in First Trust Managed Municipal ETF (NASDAQ:FMB) by 1.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,183 shares of the company’s stock after purchasing an additional 569 shares during the period. First Trust Managed Municipal ETF makes up 1.2% of Weitzel Financial Services Inc.’s holdings, making the stock its 17th biggest holding. Weitzel Financial Services Inc.’s holdings in First Trust Managed Municipal ETF were worth $2,509,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Strategic Financial Partners Ltd. grew its holdings in First Trust Managed Municipal ETF by 0.6% during the 2nd quarter. Strategic Financial Partners Ltd. now owns 33,547 shares of the company’s stock worth $1,713,000 after acquiring an additional 207 shares in the last quarter. Great Valley Advisor Group Inc. grew its holdings in First Trust Managed Municipal ETF by 2.3% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 11,363 shares of the company’s stock worth $580,000 after acquiring an additional 252 shares in the last quarter. Auour Investments LLC grew its holdings in First Trust Managed Municipal ETF by 3.7% during the 2nd quarter. Auour Investments LLC now owns 7,191 shares of the company’s stock worth $367,000 after acquiring an additional 256 shares in the last quarter. Prestige Wealth Management Group LLC grew its holdings in First Trust Managed Municipal ETF by 0.4% during the 2nd quarter. Prestige Wealth Management Group LLC now owns 79,954 shares of the company’s stock worth $4,082,000 after acquiring an additional 292 shares in the last quarter. Finally, Ameritas Investment Partners Inc. grew its holdings in First Trust Managed Municipal ETF by 3.8% during the 1st quarter. Ameritas Investment Partners Inc. now owns 8,899 shares of the company’s stock worth $457,000 after acquiring an additional 327 shares in the last quarter.

First Trust Managed Municipal ETF Stock Performance

Shares of First Trust Managed Municipal ETF stock opened at $50.75 on Thursday. The company has a fifty day simple moving average of $51.68 and a 200-day simple moving average of $51.39. First Trust Managed Municipal ETF has a 12-month low of $48.10 and a 12-month high of $52.13.

First Trust Managed Municipal ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were issued a $0.139 dividend. The ex-dividend date was Tuesday, October 22nd.

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.