Raymond James Financial Services Advisors Inc. Invests $217,000 in First Trust Municipal High Income ETF (FMHI) Stock

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Raymond James Financial Services Advisors Inc. purchased a new stake in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) during the 2nd quarter, Holdings Channel reports. The fund purchased 4,311 shares of the company’s stock, valued at approximately $217,000.

A number of other large investors have also recently modified their holdings of the business. Royal Bank of Canada bought a new stake in shares of First Trust Municipal High Income ETF during the first quarter valued at approximately $714,000. First Allied Advisory Services Inc. bought a new stake in shares of First Trust Municipal High Income ETF during the first quarter valued at approximately $658,000. LPL Financial LLC bought a new stake in shares of First Trust Municipal High Income ETF during the first quarter valued at approximately $1,771,000. Jane Street Group LLC raised its position in shares of First Trust Municipal High Income ETF by 38.5% during the first quarter. Jane Street Group LLC now owns 27,436 shares of the company’s stock valued at $1,369,000 after buying an additional 7,624 shares during the last quarter. Finally, BB&T Securities LLC bought a new stake in shares of First Trust Municipal High Income ETF during the first quarter valued at approximately $450,000.

First Trust Municipal High Income ETF stock opened at $50.44 on Friday. First Trust Municipal High Income ETF has a 1 year low of $49.45 and a 1 year high of $53.47.

The business also recently disclosed a monthly dividend, which was paid on Friday, August 31st. Stockholders of record on Wednesday, August 22nd were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, August 21st. This represents a $1.80 annualized dividend and a dividend yield of 3.57%. This is a boost from First Trust Municipal High Income ETF’s previous monthly dividend of $0.15.

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Want to see what other hedge funds are holding FMHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Municipal High Income ETF (NASDAQ:FMHI).

Institutional Ownership by Quarter for First Trust Municipal High Income ETF (NASDAQ:FMHI)

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