Icon Wealth Advisors LLC Grows Stake in First Trust Managed Municipal ETF (NASDAQ:FMB)

Icon Wealth Advisors LLC boosted its position in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 211.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,367 shares of the company’s stock after purchasing an additional 10,435 shares during the quarter. Icon Wealth Advisors LLC’s holdings in First Trust Managed Municipal ETF were worth $798,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of FMB. DHJJ Financial Advisors Ltd. increased its holdings in First Trust Managed Municipal ETF by 119.4% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 790 shares of the company’s stock worth $40,000 after purchasing an additional 430 shares during the period. Fifth Third Bancorp bought a new stake in First Trust Managed Municipal ETF during the 2nd quarter valued at $51,000. IAG Wealth Partners LLC bought a new stake in First Trust Managed Municipal ETF during the 2nd quarter valued at $53,000. WR Wealth Planners LLC bought a new stake in First Trust Managed Municipal ETF during the 2nd quarter valued at $56,000. Finally, International Assets Investment Management LLC bought a new stake in First Trust Managed Municipal ETF during the 2nd quarter valued at $112,000.

First Trust Managed Municipal ETF Stock Up 0.1 %

Shares of NASDAQ FMB opened at $51.35 on Friday. The stock’s fifty day simple moving average is $51.59 and its two-hundred day simple moving average is $51.42. First Trust Managed Municipal ETF has a 12-month low of $48.10 and a 12-month high of $52.13.

First Trust Managed Municipal ETF Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.139 per share. The ex-dividend date of this dividend is Thursday, November 21st.

First Trust Managed Municipal ETF Company 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.