First Trust Managed Municipal ETF Stock Forecast, Price & News

First Trust Managed Municipal ETF's stock was trading at $55.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FMB shares have increased by 1.1% and is now trading at $56.40.
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First Trust Managed Municipal ETF announced a monthly dividend on Monday, November 23rd. Stockholders of record on Wednesday, November 25th will be paid a dividend of $0.102 per share on Monday, November 30th. This represents a $1.22 annualized dividend and a yield of 2.17%. The ex-dividend date of this dividend is Tuesday, November 24th.
View First Trust Managed Municipal ETF's dividend history.

First Trust Managed Municipal ETF saw a decline in short interest in November. As of November 15th, there was short interest totaling 6,100 shares, a decline of 76.9% from the October 31st total of 26,400 shares. Based on an average daily trading volume, of 119,500 shares, the days-to-cover ratio is presently 0.1 days.
View First Trust Managed Municipal ETF's Short Interest.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Managed Municipal ETF investors own include First Trust Senior Loan Fund (FTSL), American Electric Power (AEP), WisdomTree U.S. Quality Dividend Growth Fund (DGRW), First Trust TCW Opportunistic Fixed Income ETF (FIXD), First Trust Tactical High Yield ETF (HYLS), International Business Machines (IBM), iShares Intermediate-Term Corporate Bond ETF (IGIB), Illinois Tool Works (ITW), First Trust Low Duration Opportunities ETF (LMBS) and Legg Mason Low Volatility High Dividend ETF (LVHD).

First Trust Managed Municipal ETF trades on the NASDAQ under the ticker symbol "FMB."

First Trust Managed Municipal ETF's stock is owned by many different retail and institutional investors. Top institutional shareholders include Morgan Stanley (6.66%), Wells Fargo & Company MN (4.00%), LPL Financial LLC (3.82%), Raymond James Financial Services Advisors Inc. (2.29%), Raymond James & Associates (1.55%) and Pinnacle Advisory Group Inc. (1.46%).

FMB stock was sold by a variety of institutional investors in the last quarter, including Gladstone Institutional Advisory LLC, Steward Partners Investment Advisory LLC, Avestar Capital LLC, Honkamp Krueger Financial Services Inc., Larson Financial Group LLC, BHF RG Capital Inc., Commonwealth Equity Services LLC, and Stonebridge Financial Planning Group LLC.

FMB stock was bought by a variety of institutional investors in the last quarter, including LPL Financial LLC, Raymond James Financial Services Advisors Inc., Wells Fargo & Company MN, Kestra Advisory Services LLC, Prestige Wealth Management Group LLC, Landsberg Bennett & Dubbaneh LLC, OLD Mission Capital LLC, and Morgan Stanley.

Shares of FMB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FMB stock can currently be purchased for approximately $56.40.

First Trust Managed Municipal ETF has a market capitalization of $1.79 billion.