Oppenheimer & Co. Inc. Acquires 665 Shares of First Trust Municipal High Income ETF (NASDAQ:FMHI)

Oppenheimer & Co. Inc. increased its holdings in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 12.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,063 shares of the company’s stock after buying an additional 665 shares during the period. Oppenheimer & Co. Inc.’s holdings in First Trust Municipal High Income ETF were worth $300,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Platform Technology Partners raised its stake in First Trust Municipal High Income ETF by 1.8% during the 3rd quarter. Platform Technology Partners now owns 59,498 shares of the company’s stock worth $2,939,000 after buying an additional 1,049 shares during the period. Core Wealth Partners LLC acquired a new stake in shares of First Trust Municipal High Income ETF during the third quarter worth about $291,000. Mach 1 Financial Group LLC acquired a new stake in shares of First Trust Municipal High Income ETF during the third quarter worth about $204,000. GSG Advisors LLC lifted its holdings in shares of First Trust Municipal High Income ETF by 22.3% during the 3rd quarter. GSG Advisors LLC now owns 52,152 shares of the company’s stock valued at $2,580,000 after purchasing an additional 9,507 shares in the last quarter. Finally, Atria Investments Inc grew its position in shares of First Trust Municipal High Income ETF by 9.3% in the 3rd quarter. Atria Investments Inc now owns 19,569 shares of the company’s stock valued at $967,000 after purchasing an additional 1,659 shares during the period.

First Trust Municipal High Income ETF Stock Down 0.2 %

FMHI stock opened at $48.73 on Friday. First Trust Municipal High Income ETF has a fifty-two week low of $45.75 and a fifty-two week high of $49.51. The business has a 50-day moving average of $49.02 and a 200-day moving average of $48.72.

First Trust Municipal High Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.163 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.96 annualized dividend and a yield of 4.01%.

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.