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

Sigma Planning Corp cut its position in First Trust Municipal High Income ETF (NASDAQ:FMHI) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,241 shares of the company’s stock after selling 213 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Municipal High Income ETF were worth $605,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its stake in First Trust Municipal High Income ETF by 4.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,521,354 shares of the company’s stock valued at $75,155,000 after acquiring an additional 59,086 shares during the last quarter. LPL Financial LLC raised its stake in First Trust Municipal High Income ETF by 8.4% during the 2nd quarter. LPL Financial LLC now owns 807,272 shares of the company’s stock valued at $39,007,000 after acquiring an additional 62,570 shares during the last quarter. Financial Partners Group Inc raised its stake in First Trust Municipal High Income ETF by 7.4% during the 3rd quarter. Financial Partners Group Inc now owns 235,646 shares of the company’s stock valued at $11,641,000 after acquiring an additional 16,285 shares during the last quarter. NewEdge Advisors LLC raised its stake in 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 valued at $9,109,000 after acquiring an additional 159,987 shares during the last quarter. Finally, Manhattan West Asset Management LLC raised its stake in First Trust Municipal High Income ETF by 6.6% during the 1st quarter. Manhattan West Asset Management LLC now owns 181,057 shares of the company’s stock valued at $8,723,000 after acquiring an additional 11,236 shares during the last quarter.

First Trust Municipal High Income ETF Stock Up 0.1 %

FMHI opened at $48.75 on Friday. The business has a 50 day moving average price of $49.06 and a two-hundred day moving average price of $48.68. First Trust Municipal High Income ETF has a 52 week low of $45.32 and a 52 week high of $49.51.

First Trust Municipal High Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were paid a dividend of $0.163 per share. This represents a $1.96 annualized dividend and a yield of 4.01%. The ex-dividend date of this dividend was Tuesday, October 22nd.

First Trust Municipal High Income ETF 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.