First Trust Managed Municipal ETF (NASDAQ:FMB) Shares Sold by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC lowered its stake in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 3.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,137 shares of the company’s stock after selling 472 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in First Trust Managed Municipal ETF were worth $623,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Foster & Motley Inc. raised its stake in First Trust Managed Municipal ETF by 0.8% during the fourth quarter. Foster & Motley Inc. now owns 39,322 shares of the company’s stock worth $2,032,000 after purchasing an additional 302 shares during the period. AdvisorNet Financial Inc boosted its holdings in First Trust Managed Municipal ETF by 26.9% in the fourth quarter. AdvisorNet Financial Inc now owns 1,450 shares of the company’s stock valued at $75,000 after acquiring an additional 307 shares during the last quarter. WealthCare Investment Partners LLC grew its position in First Trust Managed Municipal ETF by 0.7% during the fourth quarter. WealthCare Investment Partners LLC now owns 48,104 shares of the company’s stock valued at $2,486,000 after acquiring an additional 327 shares during the period. Dynamic Advisor Solutions LLC increased its stake in First Trust Managed Municipal ETF by 8.3% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 4,693 shares of the company’s stock worth $242,000 after acquiring an additional 359 shares during the last quarter. Finally, Westside Investment Management Inc. raised its holdings in shares of First Trust Managed Municipal ETF by 0.6% in the 3rd quarter. Westside Investment Management Inc. now owns 65,550 shares of the company’s stock worth $3,204,000 after purchasing an additional 400 shares during the period.

First Trust Managed Municipal ETF Stock Up 0.3 %

NASDAQ FMB opened at $51.25 on Thursday. The business’s 50-day simple moving average is $51.03 and its 200-day simple moving average is $51.26. First Trust Managed Municipal ETF has a 1-year low of $48.08 and a 1-year high of $51.77.

First Trust Managed Municipal ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a dividend of $0.137 per share. The ex-dividend date of this dividend was Thursday, June 27th.

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.