First Trust Managed Municipal ETF (FMB) Price, Holdings, & News

First Trust Managed Municipal ETF's stock was trading at $50.11 at the start of the year. Since then, FMB stock has increased by 0.4% and is now trading at $50.33.
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First Trust Managed Municipal ETF saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 220,600 shares, an increase of 898.2% from the April 30th total of 22,100 shares. Based on an average trading volume of 189,300 shares, the days-to-cover ratio is presently 1.2 days.
View First Trust Managed Municipal ETF's Short Interest.

First Trust Managed Municipal ETF announced a monthly dividend on Monday, May 22nd. Investors of record on Wednesday, May 24th will be given a dividend of $0.1275 per share on Wednesday, May 31st. This represents a $1.53 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date is Tuesday, May 23rd.
Read our dividend analysis for FMB.

First Trust Managed Municipal ETF is a fixed income fund issued by First Trust. FMB focuses on broad municipals investments. The fund's investments total to approximately $1.86 billion assets under management.

First Trust Managed Municipal ETF's management fee is 0.65% and has no other recorded expenses. However, FMB has a fee waiver of -0.15% to reimburse the expenses. The net expense ratio for FMB is 0.50%.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Managed Municipal ETF investors own include First Trust Senior Loan ETF (FTSL), WisdomTree U.S. Quality Dividend Growth Fund (DGRW), First Trust TCW Opportunistic Fixed Income ETF (FIXD), First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS), International Business Machines (IBM), Illinois Tool Works (ITW), First Trust Low Duration Opportunities ETF (LMBS) and Franklin U.S. Low Volatility High Dividend Index 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 a variety of institutional and retail investors. Top institutional investors include UBS Group AG (5.70%), LPL Financial LLC (5.33%), Bank of America Corp DE (4.33%), Congress Wealth Management LLC DE (2.69%), Avantax Planning Partners Inc. (2.56%) and Sequoia Financial Advisors LLC (2.02%).

Shares of FMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FMB stock can currently be purchased for approximately $50.33.

First Trust Managed Municipal ETF (NASDAQ:FMB) has a market capitalization of $1.88 billion.

The company employs 147,000 workers across the globe.

The company can be reached via phone at 14089961010.