First Trust Municipal High Income ETF (NASDAQ:FMHI) Shares Sold by RFG Advisory LLC

RFG Advisory LLC decreased its position in First Trust Municipal High Income ETF (NASDAQ:FMHI) by 1.4% during the 1st quarter, Holdings Channel reports. The firm owned 18,685 shares of the company’s stock after selling 262 shares during the quarter. RFG Advisory LLC’s holdings in First Trust Municipal High Income ETF were worth $900,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Principal Securities Inc. acquired a new stake in shares of First Trust Municipal High Income ETF during the fourth quarter valued at $48,000. Creekmur Asset Management LLC acquired a new stake in shares of First Trust Municipal High Income ETF during the fourth quarter valued at $53,000. Wealthcare Advisory Partners LLC acquired a new stake in shares of First Trust Municipal High Income ETF during the fourth quarter valued at $200,000. Key Financial Inc acquired a new stake in shares of First Trust Municipal High Income ETF during the fourth quarter valued at $209,000. Finally, Eudaimonia Advisors LLC acquired a new stake in shares of First Trust Municipal High Income ETF during the fourth quarter valued at $234,000.

First Trust Municipal High Income ETF Trading Up 0.1 %

NASDAQ FMHI opened at $48.59 on Monday. The business’s 50-day moving average price is $47.94 and its 200 day moving average price is $47.83. First Trust Municipal High Income ETF has a twelve month low of $43.88 and a twelve month high of $48.70.

First Trust Municipal High Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, May 31st. Investors of record on Wednesday, May 22nd were given a dividend of $0.159 per share. The ex-dividend date was Tuesday, May 21st. This represents a $1.91 annualized dividend and a yield of 3.93%.

First Trust Municipal High Income ETF Company Profile

The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.