First Trust Managed Municipal ETF (NASDAQ:FMB) Announces Dividend of $0.14

First Trust Managed Municipal ETF (NASDAQ:FMB) declared a dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be given a dividend of 0.139 per share on Monday, September 30th. The ex-dividend date is Thursday, September 26th. This is a boost from First Trust Managed Municipal ETF’s previous dividend of $0.14.

First Trust Managed Municipal ETF Stock Up 0.1 %

FMB stock traded up $0.04 on Thursday, reaching $51.89. 146,145 shares of the company traded hands, compared to its average volume of 153,436. The firm has a fifty day simple moving average of $51.68 and a 200-day simple moving average of $51.32. First Trust Managed Municipal ETF has a one year low of $48.08 and a one year high of $52.13.

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.