Larson Financial Group LLC Purchases Shares of 1,855 First Trust Municipal High Income ETF (NASDAQ:FMHI)

Posted by ABMN Staff on Nov 29th, 2024

Larson Financial Group LLC purchased a new stake in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,855 shares of the company’s stock, valued at approximately $92,000.

A number of other hedge funds also recently bought and sold shares of FMHI. Rothschild Investment LLC bought a new stake in First Trust Municipal High Income ETF during the second quarter valued at about $30,000. Farmers & Merchants Investments Inc. bought a new stake in shares of First Trust Municipal High Income ETF in the third quarter valued at about $109,000. International Assets Investment Management LLC bought a new stake in shares of First Trust Municipal High Income ETF in the second quarter valued at about $184,000. Mach 1 Financial Group LLC bought a new stake in shares of First Trust Municipal High Income ETF in the third quarter valued at about $204,000. Finally, Elevated Capital Advisors LLC bought a new stake in shares of First Trust Municipal High Income ETF in the second quarter valued at about $211,000.

First Trust Municipal High Income ETF Trading Up 0.4 %

NASDAQ FMHI opened at $49.08 on Friday. The firm has a 50-day simple moving average of $48.98 and a 200 day simple moving average of $48.75. First Trust Municipal High Income ETF has a twelve month low of $45.90 and a twelve month high of $49.51.

First Trust Municipal High Income ETF Dividend Announcement

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

First Trust Municipal High Income ETF Profile

(Free Report)

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.