Shares of First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 157,626 shares traded hands during mid-day trading, an increase of 3% from the previous session’s volume of 152,407 shares.The stock last traded at $52.00 and had previously closed at $52.04.
First Trust Managed Municipal ETF Stock Down 0.2 %
The company’s 50 day moving average price is $51.67 and its two-hundred day moving average price is $51.32.
First Trust Managed Municipal ETF Increases Dividend
The business also recently declared a dividend, which was paid on Friday, August 30th. Stockholders of record on Wednesday, August 21st were given a $0.138 dividend. This is a positive change from First Trust Managed Municipal ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Wednesday, August 21st.
Institutional Investors Weigh In On First Trust Managed Municipal ETF
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.
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