First Trust Municipal High Income ETF (NASDAQ:FMHI) Shares Purchased by US Bancorp DE

US Bancorp DE boosted its stake in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 14.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,963 shares of the company’s stock after purchasing an additional 1,018 shares during the quarter. US Bancorp DE owned approximately 0.05% of First Trust Municipal High Income ETF worth $385,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Stifel Financial Corp boosted its position in shares of First Trust Municipal High Income ETF by 244.8% in the 3rd quarter. Stifel Financial Corp now owns 21,154 shares of the company’s stock valued at $1,045,000 after purchasing an additional 15,019 shares during the period. JPMorgan Chase & Co. increased its position in First Trust Municipal High Income ETF by 209.2% during the third quarter. JPMorgan Chase & Co. now owns 106,235 shares of the company’s stock worth $5,248,000 after buying an additional 71,872 shares in the last quarter. Allworth Financial LP purchased a new stake in shares of First Trust Municipal High Income ETF in the fourth quarter valued at $640,000. Benjamin Edwards Inc. boosted its holdings in First Trust Municipal High Income ETF by 293.3% in the third quarter. Benjamin Edwards Inc. now owns 7,531 shares of the company’s stock valued at $372,000 after acquiring an additional 5,616 shares during the last quarter. Finally, Truist Financial Corp boosted its holdings in First Trust Municipal High Income ETF by 38.6% in the fourth quarter. Truist Financial Corp now owns 26,239 shares of the company’s stock valued at $1,267,000 after acquiring an additional 7,308 shares during the last quarter.

First Trust Municipal High Income ETF Stock Performance

Shares of FMHI opened at $48.28 on Thursday. The stock’s 50-day moving average is $48.44 and its two-hundred day moving average is $48.76. First Trust Municipal High Income ETF has a 12 month low of $47.33 and a 12 month high of $49.51.

First Trust Municipal High Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.163 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date was Friday, February 21st.

First Trust Municipal High Income ETF 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.