WealthCare Investment Partners LLC Purchases 242 Shares of First Trust Municipal High Income ETF (NASDAQ:FMHI)

WealthCare Investment Partners LLC lifted its holdings in First Trust Municipal High Income ETF (NASDAQ:FMHI) by 2.3% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,715 shares of the company’s stock after buying an additional 242 shares during the period. WealthCare Investment Partners LLC owned approximately 0.07% of First Trust Municipal High Income ETF worth $526,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Rothschild Investment LLC purchased a new position in First Trust Municipal High Income ETF in the second quarter worth $30,000. Creekmur Asset Management LLC purchased a new stake in First Trust Municipal High Income ETF during the fourth quarter worth about $53,000. Westside Investment Management Inc. increased its holdings in First Trust Municipal High Income ETF by 66.7% during the first quarter. Westside Investment Management Inc. now owns 2,500 shares of the company’s stock worth $120,000 after buying an additional 1,000 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in First Trust Municipal High Income ETF during the second quarter worth about $184,000. Finally, Elevated Capital Advisors LLC purchased a new position in First Trust Municipal High Income ETF in the second quarter valued at about $211,000.

First Trust Municipal High Income ETF Stock Up 0.1 %

NASDAQ:FMHI opened at $49.17 on Wednesday. First Trust Municipal High Income ETF has a 12 month low of $43.88 and a 12 month high of $49.51. The firm’s 50 day moving average is $49.17 and its 200 day moving average is $48.49.

First Trust Municipal High Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.163 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.96 annualized dividend and a yield of 3.98%.

First Trust Municipal High Income ETF Company 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.