First Trust Municipal High Income ETF (NASDAQ:FMHI) Shares Sold by Sigma Planning Corp

Sigma Planning Corp reduced its holdings in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 1.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,241 shares of the company’s stock after selling 213 shares during the quarter. Sigma Planning Corp owned approximately 0.08% of First Trust Municipal High Income ETF worth $605,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in FMHI. NewEdge Advisors LLC boosted its position in shares of First Trust Municipal High Income ETF by 561.0% during the 2nd quarter. NewEdge Advisors LLC now owns 188,505 shares of the company’s stock worth $9,109,000 after acquiring an additional 159,987 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of First Trust Municipal High Income ETF by 585.7% during the 1st quarter. Cetera Investment Advisers now owns 145,955 shares of the company’s stock worth $7,032,000 after acquiring an additional 124,671 shares in the last quarter. Jane Street Group LLC boosted its position in shares of First Trust Municipal High Income ETF by 881.4% during the 1st quarter. Jane Street Group LLC now owns 107,345 shares of the company’s stock worth $5,172,000 after acquiring an additional 96,407 shares in the last quarter. Meeder Advisory Services Inc. acquired a new position in shares of First Trust Municipal High Income ETF during the 2nd quarter worth about $4,024,000. Finally, Atlas Private Wealth Advisors boosted its position in shares of First Trust Municipal High Income ETF by 93.3% during the 2nd quarter. Atlas Private Wealth Advisors now owns 160,702 shares of the company’s stock worth $7,765,000 after acquiring an additional 77,560 shares in the last quarter.

First Trust Municipal High Income ETF Stock Up 0.1 %

NASDAQ:FMHI opened at $48.75 on Friday. First Trust Municipal High Income ETF has a 1 year low of $45.32 and a 1 year high of $49.51. The stock has a 50-day simple moving average of $49.06 and a 200-day simple moving average of $48.68.

First Trust Municipal High Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were given a $0.163 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.01%.

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.