Legacy Private Trust Co. Purchases 11,418 Shares of First Trust Managed Municipal ETF (NASDAQ:FMB)

Legacy Private Trust Co. lifted its position in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 12.3% in the 4th quarter, Holdings Channel reports. The fund owned 104,155 shares of the company’s stock after buying an additional 11,418 shares during the quarter. Legacy Private Trust Co.’s holdings in First Trust Managed Municipal ETF were worth $5,313,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its position in shares of First Trust Managed Municipal ETF by 39.3% in the second quarter. NewEdge Advisors LLC now owns 236,657 shares of the company’s stock valued at $12,084,000 after acquiring an additional 66,762 shares during the period. Jane Street Group LLC bought a new position in First Trust Managed Municipal ETF in the 3rd quarter valued at $1,555,000. HFG Wealth Management LLC grew its position in shares of First Trust Managed Municipal ETF by 1.8% during the 2nd quarter. HFG Wealth Management LLC now owns 51,836 shares of the company’s stock valued at $2,647,000 after purchasing an additional 902 shares in the last quarter. GM Advisory Group LLC increased its holdings in shares of First Trust Managed Municipal ETF by 21.4% in the second quarter. GM Advisory Group LLC now owns 165,632 shares of the company’s stock worth $8,457,000 after purchasing an additional 29,187 shares during the period. Finally, Meeder Advisory Services Inc. bought a new position in shares of First Trust Managed Municipal ETF in the second quarter worth $341,000.

First Trust Managed Municipal ETF Price Performance

NASDAQ:FMB traded down $0.12 during trading hours on Wednesday, hitting $50.93. 173,183 shares of the company’s stock traded hands, compared to its average volume of 174,289. First Trust Managed Municipal ETF has a 52 week low of $48.10 and a 52 week high of $52.13. The business’s fifty day simple moving average is $51.31 and its two-hundred day simple moving average is $51.50.

First Trust Managed Municipal ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.139 per share. The ex-dividend date was Friday, December 13th.

First Trust Managed Municipal ETF 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.