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

First Trust Managed Municipal ETF's stock was trading at $50.11 at the beginning of the year. Since then, FMB stock has decreased by 1.9% and is now trading at $49.15.
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First Trust Managed Municipal ETF saw a increase in short interest in August. As of August 31st, there was short interest totaling 286,700 shares, an increase of 5.0% from the August 15th total of 273,000 shares. Based on an average trading volume of 155,700 shares, the days-to-cover ratio is currently 1.8 days.
View First Trust Managed Municipal ETF's Short Interest.

First Trust Managed Municipal ETF announced a monthly dividend on Thursday, September 21st. Shareholders of record on Monday, September 25th will be paid a dividend of $0.1275 per share on Friday, September 29th. This represents a $1.53 annualized dividend and a yield of 3.11%. The ex-dividend date is Friday, September 22nd.
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 $1.87 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 retail and institutional investors. Top institutional investors include LPL Financial LLC (5.37%), Wells Fargo & Company MN (4.77%), Avantax Planning Partners Inc. (2.50%), Sequoia Financial Advisors LLC (1.97%), Congress Wealth Management LLC DE (1.85%) and Raymond James Financial Services Advisors Inc. (1.72%).

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 $49.15.

First Trust Managed Municipal ETF (NASDAQ:FMB) has a market capitalization of $1.86 billion.

The company employs 147,000 workers across the globe.

The company can be reached via phone at 14089961010.