JPMorgan Chase & Co. Has $5.25 Million Holdings in First Trust Municipal High Income ETF (NASDAQ:FMHI)

JPMorgan Chase & Co. boosted its holdings in First Trust Municipal High Income ETF (NASDAQ:FMHI) by 209.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 106,235 shares of the company’s stock after buying an additional 71,872 shares during the period. JPMorgan Chase & Co. owned approximately 0.69% of First Trust Municipal High Income ETF worth $5,248,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FMHI. Great Valley Advisor Group Inc. boosted its holdings in First Trust Municipal High Income ETF by 1.1% during the third quarter. Great Valley Advisor Group Inc. now owns 19,639 shares of the company’s stock valued at $970,000 after purchasing an additional 209 shares in the last quarter. WealthCare Investment Partners LLC increased its holdings in First Trust Municipal High Income ETF by 2.3% in the third quarter. WealthCare Investment Partners LLC now owns 10,715 shares of the company’s stock valued at $526,000 after purchasing an additional 242 shares during the last quarter. Truist Financial Corp raised its position in shares of First Trust Municipal High Income ETF by 1.8% in the 2nd quarter. Truist Financial Corp now owns 13,605 shares of the company’s stock valued at $657,000 after acquiring an additional 243 shares during the period. Integrated Wealth Concepts LLC boosted its position in shares of First Trust Municipal High Income ETF by 3.4% during the third quarter. Integrated Wealth Concepts LLC now owns 9,063 shares of the company’s stock worth $448,000 after purchasing an additional 302 shares in the last quarter. Finally, Traction Financial Partners LLC grew its stake in First Trust Municipal High Income ETF by 1.9% in the third quarter. Traction Financial Partners LLC now owns 28,036 shares of the company’s stock valued at $1,385,000 after acquiring an additional 536 shares during the period.

First Trust Municipal High Income ETF Stock Up 0.1 %

Shares of FMHI opened at $48.18 on Friday. First Trust Municipal High Income ETF has a twelve month low of $47.14 and a twelve month high of $49.51. The firm’s 50 day moving average price is $48.61 and its two-hundred day moving average price is $48.84.

First Trust Municipal High Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.163 per share. The ex-dividend date was Friday, December 13th. This represents a $1.96 annualized dividend and a dividend yield of 4.06%.

About First Trust Municipal High Income ETF

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.