First Trust Managed Municipal ETF (NASDAQ:FMB) Shares Acquired by Atria Investments Inc

Atria Investments Inc increased its position in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 3.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 99,006 shares of the company’s stock after buying an additional 3,329 shares during the period. Atria Investments Inc owned about 0.25% of First Trust Managed Municipal ETF worth $5,144,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC grew its position in shares of First Trust Managed Municipal ETF by 3.8% during the second quarter. Sequoia Financial Advisors LLC now owns 1,024,717 shares of the company’s stock worth $52,322,000 after buying an additional 37,199 shares in the last quarter. Miracle Mile Advisors LLC grew its holdings in First Trust Managed Municipal ETF by 22.2% during the 3rd quarter. Miracle Mile Advisors LLC now owns 599,874 shares of the company’s stock worth $31,169,000 after acquiring an additional 109,001 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in First Trust Managed Municipal ETF by 14.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 403,320 shares of the company’s stock worth $20,594,000 after acquiring an additional 50,146 shares in the last quarter. Raymond James & Associates increased its position in shares of First Trust Managed Municipal ETF by 7.4% in the 2nd quarter. Raymond James & Associates now owns 381,767 shares of the company’s stock worth $19,493,000 after purchasing an additional 26,177 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of First Trust Managed Municipal ETF in the 1st quarter valued at about $15,269,000.

First Trust Managed Municipal ETF Trading Down 0.1 %

NASDAQ:FMB opened at $51.35 on Tuesday. First Trust Managed Municipal ETF has a one year low of $48.10 and a one year high of $52.13. The stock has a 50-day simple moving average of $51.67 and a 200 day simple moving average of $51.40.

First Trust Managed Municipal ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were issued a $0.139 dividend. The ex-dividend date was Tuesday, October 22nd.

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.