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 shares have increased by 1.5% and is now trading at $50.86.
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First Trust Managed Municipal ETF saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 309,800 shares, an increase of 205.2% from the February 13th total of 101,500 shares. Based on an average trading volume of 339,200 shares, the short-interest ratio is presently 0.9 days.
View First Trust Managed Municipal ETF's Short Interest.

First Trust Managed Municipal ETF announced a monthly dividend on Tuesday, February 21st. Investors of record on Thursday, February 23rd will be paid a dividend of $0.128 per share on Tuesday, February 28th. This represents a $1.54 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Wednesday, February 22nd. This is an increase from the stock's previous monthly dividend of $0.13.
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 $1.68 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 Fund (FTSL), 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 5-10 Year Investment Grade Corporate Bond ETF (IGIB), 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 many different institutional and retail investors. Top institutional shareholders include UBS Group AG (5.80%), Morgan Stanley (5.44%), LPL Financial LLC (5.22%), Wells Fargo & Company MN (4.44%), Bank of America Corp DE (4.08%) and Avantax Planning Partners Inc. (2.61%).

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 $50.86.

First Trust Managed Municipal ETF (NASDAQ:FMB) has a market capitalization of $1.92 billion.

The company employs 147,000 workers across the globe.

The company can be reached via phone at 14089961010.