Sebold Capital Management Inc. Has $2.67 Million Stock Holdings in First Trust Managed Municipal ETF (NASDAQ:FMB)

Sebold Capital Management Inc. raised its position in First Trust Managed Municipal ETF (NASDAQ:FMB) by 5.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 52,248 shares of the company’s stock after purchasing an additional 2,817 shares during the period. First Trust Managed Municipal ETF accounts for approximately 1.8% of Sebold Capital Management Inc.’s portfolio, making the stock its 19th largest position. Sebold Capital Management Inc. owned 0.13% of First Trust Managed Municipal ETF worth $2,665,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. ERn Financial LLC lifted its position in shares of First Trust Managed Municipal ETF by 4.9% in the 4th quarter. ERn Financial LLC now owns 278,866 shares of the company’s stock worth $14,225,000 after purchasing an additional 12,923 shares during the period. Pinnacle Bancorp Inc. lifted its position in shares of First Trust Managed Municipal ETF by 152.9% in the 4th quarter. Pinnacle Bancorp Inc. now owns 2,150 shares of the company’s stock worth $110,000 after purchasing an additional 1,300 shares during the period. Christopher J. Hasenberg Inc lifted its position in shares of First Trust Managed Municipal ETF by 51.8% in the 4th quarter. Christopher J. Hasenberg Inc now owns 4,877 shares of the company’s stock worth $249,000 after purchasing an additional 1,664 shares during the period. Sentinel Pension Advisors Inc. lifted its position in shares of First Trust Managed Municipal ETF by 27.2% in the 4th quarter. Sentinel Pension Advisors Inc. now owns 50,146 shares of the company’s stock worth $2,558,000 after purchasing an additional 10,737 shares during the period. Finally, Miracle Mile Advisors LLC lifted its position in shares of First Trust Managed Municipal ETF by 5.0% during the 4th quarter. Miracle Mile Advisors LLC now owns 629,831 shares of the company’s stock valued at $32,128,000 after acquiring an additional 29,957 shares during the period.

First Trust Managed Municipal ETF Trading Up 0.3 %

First Trust Managed Municipal ETF stock opened at $50.76 on Thursday. First Trust Managed Municipal ETF has a 12-month low of $48.10 and a 12-month high of $52.13. The firm’s fifty day moving average is $51.27 and its 200 day moving average is $51.48.

First Trust Managed Municipal ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.139 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.