First Trust Managed Municipal ETF (FMB) To Go Ex-Dividend on June 27th

First Trust Managed Municipal ETF (NASDAQ:FMB) announced a dividend on Wednesday, June 26th, NASDAQ reports. Shareholders of record on Thursday, June 27th will be paid a dividend of 0.137 per share on Friday, June 28th. The ex-dividend date of this dividend is Thursday, June 27th.

First Trust Managed Municipal ETF Stock Performance

Shares of FMB stock opened at $51.17 on Friday. The firm has a 50 day moving average price of $51.02 and a two-hundred day moving average price of $51.26. First Trust Managed Municipal ETF has a 12-month low of $48.08 and a 12-month high of $51.77.

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.