First Trust Municipal High Income ETF (NASDAQ:FMHI – Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $49.48 and last traded at $49.47, with a volume of 3565 shares trading hands. The stock had previously closed at $49.40.
First Trust Municipal High Income ETF Stock Performance
The business has a 50-day simple moving average of $49.09 and a two-hundred day simple moving average of $48.44.
First Trust Municipal High Income ETF Dividend Announcement
The firm also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.163 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.96%.
Institutional Inflows and Outflows
First Trust Municipal High Income ETF Company 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.
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