Citigroup Inc. Has $16.28 Million Position in First Trust Municipal High Income ETF (NASDAQ:FMHI)

Citigroup Inc. decreased its holdings in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 0.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 329,479 shares of the company’s stock after selling 2,648 shares during the period. Citigroup Inc. owned approximately 2.13% of First Trust Municipal High Income ETF worth $16,276,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Rothschild Investment LLC acquired a new stake in shares of First Trust Municipal High Income ETF in the 2nd quarter worth about $30,000. Farmers & Merchants Investments Inc. bought a new position in shares of First Trust Municipal High Income ETF in the third quarter valued at approximately $109,000. International Assets Investment Management LLC purchased a new position in shares of First Trust Municipal High Income ETF during the second quarter valued at approximately $184,000. Mach 1 Financial Group LLC bought a new stake in First Trust Municipal High Income ETF during the third quarter worth $204,000. Finally, Elevated Capital Advisors LLC bought a new stake in First Trust Municipal High Income ETF during the second quarter worth $211,000.

First Trust Municipal High Income ETF Stock Performance

Shares of NASDAQ:FMHI opened at $49.08 on Thursday. The stock’s fifty day simple moving average is $48.99 and its two-hundred day simple moving average is $48.75. First Trust Municipal High Income ETF has a 1-year low of $45.90 and a 1-year high of $49.51.

First Trust Municipal High Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be issued a dividend of $0.163 per share. This represents a $1.96 annualized dividend and a yield of 3.99%. The ex-dividend date is Thursday, November 21st.

About First Trust Municipal High Income ETF

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.