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NASDAQ:FMB

First Trust Managed Municipal ETF Stock Forecast, Price & News

$56.40
+0.10 (+0.18 %)
(As of 12/3/2020 12:00 AM ET)
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Today's Range
$56.37
Now: $56.40
$56.42
50-Day Range
$55.30
MA: $55.78
$56.33
52-Week Range
$48.96
Now: $56.40
$57.49
Volume340,073 shs
Average Volume170,090 shs
Market Capitalization$1.79 billion
P/E RatioN/A
Dividend Yield2.21%
BetaN/A


Basic Details

Issuer First Trust
Fund NameFirst Trust Managed Municipal ETF
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:FMB
Inception Date5/13/2014
Fund ManagerTom Futrell, Johnathan N. Wilhelm
WebN/A
PhoneN/A

Fund Focus

Asset ClassFixed Income
BenchmarkNot Applicable
CategoryMunicipals
FocusBroad Municipals
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$798.09 million
Average Daily Volume$137,005.20
Discount/Premium0.10%

ETF Expenses

Management Fee0.65%
Other Expenses0.00%
Total Expenses0.65%
Fee Waiver-0.15%
Net Expenses0.50%

Administrator, Advisor and Custodian

AdministratorBrown Brothers Harriman & Co.
AdvisorFirst Trust Advisors L.P.
CustodianBrown Brothers Harriman & Co.
DistributorFirst Trust Portfolios L.P.
Transfer AgentBrown Brothers Harriman & Co.
Trustee
Lead Market MakerSusquehanna
$56.40
+0.10 (+0.18 %)
(As of 12/3/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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First Trust Managed Municipal ETF (NASDAQ:FMB) Frequently Asked Questions

How has First Trust Managed Municipal ETF's stock price been impacted by Coronavirus (COVID-19)?

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.
View which stocks have been most impacted by COVID-19
.

What stocks does MarketBeat like better than First Trust Managed Municipal ETF?

Wall Street analysts have given First Trust Managed Municipal ETF a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Trust Managed Municipal ETF wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How often does First Trust Managed Municipal ETF pay dividends? What is the dividend yield for First Trust Managed Municipal ETF?

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
.

Are investors shorting First Trust Managed Municipal ETF?

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
.

What other stocks do shareholders of First Trust Managed Municipal ETF own?

What is First Trust Managed Municipal ETF's stock symbol?

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

Who are First Trust Managed Municipal ETF's major shareholders?

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%).

Which institutional investors are selling First Trust Managed Municipal ETF stock?

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.

Which institutional investors are buying First Trust Managed Municipal ETF stock?

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.

How do I buy shares of First Trust Managed Municipal ETF?

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.

What is First Trust Managed Municipal ETF's stock price today?

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

How big of a company is First Trust Managed Municipal ETF?

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

This page was last updated on 12/4/2020 by MarketBeat.com Staff

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