First Trust Municipal High Income ETF (NASDAQ:FMHI) Stock Holdings Lifted by Triton Wealth Management PLLC

Triton Wealth Management PLLC lifted its stake in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 3.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 28,604 shares of the company’s stock after acquiring an additional 936 shares during the quarter. First Trust Municipal High Income ETF comprises 0.8% of Triton Wealth Management PLLC’s holdings, making the stock its 20th biggest position. Triton Wealth Management PLLC’s holdings in First Trust Municipal High Income ETF were worth $1,413,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of FMHI. DHJJ Financial Advisors Ltd. boosted its stake in First Trust Municipal High Income ETF by 2.9% in the 1st quarter. DHJJ Financial Advisors Ltd. now owns 8,127 shares of the company’s stock worth $392,000 after purchasing an additional 229 shares during the period. Truist Financial Corp grew its holdings in shares of First Trust Municipal High Income ETF by 1.8% during the second quarter. Truist Financial Corp now owns 13,605 shares of the company’s stock valued at $657,000 after buying an additional 243 shares in the last quarter. ShoreHaven Wealth Partners LLC raised its position in First Trust Municipal High Income ETF by 1.4% during the second quarter. ShoreHaven Wealth Partners LLC now owns 30,477 shares of the company’s stock valued at $1,473,000 after buying an additional 428 shares during the period. Ameritas Advisory Services LLC lifted its stake in First Trust Municipal High Income ETF by 6.7% in the 2nd quarter. Ameritas Advisory Services LLC now owns 7,615 shares of the company’s stock worth $368,000 after acquiring an additional 480 shares in the last quarter. Finally, Socha Financial Group LLC boosted its position in First Trust Municipal High Income ETF by 3.2% during the 1st quarter. Socha Financial Group LLC now owns 18,475 shares of the company’s stock worth $890,000 after acquiring an additional 572 shares during the period.

First Trust Municipal High Income ETF Stock Performance

FMHI traded down $0.18 on Friday, reaching $49.29. 66,846 shares of the company traded hands, compared to its average volume of 66,496. The stock’s 50 day moving average price is $49.15 and its 200-day moving average price is $48.47. First Trust Municipal High Income ETF has a 52-week low of $43.88 and a 52-week high of $49.51.

First Trust Municipal High Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.163 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.96 annualized dividend and a dividend yield of 3.97%.

First Trust Municipal High Income ETF 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.