Moneywise Inc. Has $2.29 Million Stake in First Trust Managed Municipal ETF (FMB)

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Moneywise Inc. increased its position in First Trust Managed Municipal ETF (NASDAQ:FMB) by 96.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,830 shares of the company’s stock after buying an additional 21,488 shares during the period. First Trust Managed Municipal ETF comprises 1.9% of Moneywise Inc.’s portfolio, making the stock its 16th largest holding. Moneywise Inc.’s holdings in First Trust Managed Municipal ETF were worth $2,289,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Northwest Wealth Management LLC grew its holdings in First Trust Managed Municipal ETF by 513.8% in the second quarter. Northwest Wealth Management LLC now owns 2,179 shares of the company’s stock valued at $115,000 after purchasing an additional 1,824 shares during the period. Signet Financial Management LLC purchased a new stake in First Trust Managed Municipal ETF in the second quarter valued at approximately $121,000. Winslow Evans & Crocker Inc. grew its holdings in First Trust Managed Municipal ETF by 100.0% in the third quarter. Winslow Evans & Crocker Inc. now owns 2,800 shares of the company’s stock valued at $148,000 after purchasing an additional 1,400 shares during the period. Wealthsource Partners LLC purchased a new stake in First Trust Managed Municipal ETF in the second quarter valued at approximately $215,000. Finally, Stifel Financial Corp grew its holdings in First Trust Managed Municipal ETF by 50.4% in the first quarter. Stifel Financial Corp now owns 5,875 shares of the company’s stock valued at $309,000 after purchasing an additional 1,968 shares during the period.

First Trust Managed Municipal ETF stock traded down $0.02 during trading on Monday, reaching $51.93. The company had a trading volume of 144,565 shares, compared to its average volume of 55,973. First Trust Managed Municipal ETF has a 12-month low of $51.85 and a 12-month high of $53.82.

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 28th. Shareholders of record on Monday, September 17th were paid a dividend of $0.1125 per share. This is an increase from First Trust Managed Municipal ETF’s previous monthly dividend of $0.11. This represents a $1.35 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend was Friday, September 14th.

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Institutional Ownership by Quarter for First Trust Managed Municipal ETF (NASDAQ:FMB)

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