First Trust Managed Municipal ETF (NASDAQ:FMB) Shares Acquired by Clearwater Capital Advisors LLC

Clearwater Capital Advisors LLC lifted its position in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,389 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Clearwater Capital Advisors LLC owned 0.26% of First Trust Managed Municipal ETF worth $2,322,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of FMB. Oppenheimer Asset Management Inc. acquired a new stake in shares of First Trust Managed Municipal ETF during the 1st quarter worth approximately $11,274,000. Legacy Private Trust Co. grew its stake in First Trust Managed Municipal ETF by 1,561.5% in the 1st quarter. Legacy Private Trust Co. now owns 116,140 shares of the company’s stock valued at $6,255,000 after acquiring an additional 109,150 shares during the period. Commonwealth Equity Services LLC grew its stake in First Trust Managed Municipal ETF by 101.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 171,172 shares of the company’s stock valued at $9,375,000 after acquiring an additional 86,051 shares during the period. Frisch Financial Group Inc. grew its stake in First Trust Managed Municipal ETF by 27.5% in the 1st quarter. Frisch Financial Group Inc. now owns 254,531 shares of the company’s stock valued at $13,706,000 after acquiring an additional 54,970 shares during the period. Finally, Moneywise Inc. acquired a new stake in First Trust Managed Municipal ETF in the 2nd quarter valued at $2,649,000.

First Trust Managed Municipal ETF stock traded up $0.05 during trading on Tuesday, reaching $55.51. The company had a trading volume of 300 shares, compared to its average volume of 117,257. The company has a 50-day moving average of $54.94. First Trust Managed Municipal ETF has a 1-year low of $51.51 and a 1-year high of $55.55.

The business also recently declared a monthly dividend, which was paid on Wednesday, July 31st. Investors of record on Wednesday, July 24th were paid a $0.117 dividend. The ex-dividend date of this dividend was Tuesday, July 23rd. This represents a $1.40 dividend on an annualized basis and a yield of 2.53%.

Read More: What is a price target?

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

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

Receive News & Ratings for First Trust Managed Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Managed Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.