Bernardo Wealth Planning LLC Has $1.60 Million Stock Position in First Trust Managed Municipal ETF (NASDAQ:FMB)

Bernardo Wealth Planning LLC cut its stake in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 13.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,455 shares of the company’s stock after selling 5,041 shares during the period. Bernardo Wealth Planning LLC’s holdings in First Trust Managed Municipal ETF were worth $1,596,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of FMB. PFS Partners LLC grew its position in shares of First Trust Managed Municipal ETF by 2.1% in the 3rd quarter. PFS Partners LLC now owns 10,209 shares of the company’s stock valued at $530,000 after acquiring an additional 214 shares during the period. Westside Investment Management Inc. increased its position in First Trust Managed Municipal ETF by 0.5% during the third quarter. Westside Investment Management Inc. now owns 63,442 shares of the company’s stock worth $3,294,000 after buying an additional 343 shares during the last quarter. Main Line Retirement Advisors LLC raised its stake in First Trust Managed Municipal ETF by 0.8% in the third quarter. Main Line Retirement Advisors LLC now owns 64,206 shares of the company’s stock valued at $3,336,000 after buying an additional 527 shares during the period. Weitzel Financial Services Inc. lifted its position in shares of First Trust Managed Municipal ETF by 1.2% in the third quarter. Weitzel Financial Services Inc. now owns 48,183 shares of the company’s stock valued at $2,509,000 after buying an additional 569 shares during the last quarter. Finally, Arkansas Financial Group Inc. increased its holdings in shares of First Trust Managed Municipal ETF by 0.5% during the 3rd quarter. Arkansas Financial Group Inc. now owns 122,323 shares of the company’s stock worth $6,356,000 after acquiring an additional 592 shares during the last quarter.

First Trust Managed Municipal ETF Stock Performance

FMB opened at $50.89 on Friday. The stock’s fifty day simple moving average is $51.25 and its 200 day simple moving average is $51.47. First Trust Managed Municipal ETF has a 1-year low of $48.10 and a 1-year high of $52.13.

First Trust Managed Municipal ETF Dividend Announcement

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

About First Trust Managed Municipal ETF

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.