NASDAQ:FMB First Trust Managed Municipal ETF (FMB) Price, Holdings, & News $50.37 -0.17 (-0.34%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$50.37▼$50.5450-Day Range$49.86▼$50.9852-Week Range$48.07▼$52.00Volume294,344 shsAverage Volume218,658 shsMarket Capitalization$1.88 billionAssets Under Management$1.87 billionDividend Yield2.82%Net Expense Ratio0.50% ProfileProfileChartDividendHeadlinesHoldingsShort InterestSocial MediaProfileChartDividendHeadlinesHoldingsShort InterestSocial Media About First Trust Managed Municipal ETF (NASDAQ:FMB)The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure. FMB was launched on May 13, 2014 and is managed by First Trust.Read More Receive FMB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Trust Managed Municipal ETF and its competitors with MarketBeat's FREE daily newsletter. Email Address FMB ETF News HeadlinesMay 24, 2023 | americanbankingnews.comFirst Trust Managed Municipal ETF (FMB) To Go Ex-Dividend on May 23rdApril 24, 2023 | msn.comFirst Trust Short Duration Managed Municipal ETF declares monthly distribution of $0.0380June 8, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. April 24, 2023 | msn.comFirst Trust Managed Municipal ETF declares monthly distribution of $0.1300April 22, 2023 | benzinga.comFirst Trust Managed Municipal ETF (NASDAQ:FMB), DividendsMarch 1, 2023 | wsj.comFirst Trust Managed Municipal ETFDecember 23, 2022 | msn.comFirst Trust Managed Municipal ETF declares monthly distribution of $0.1205July 25, 2022 | seekingalpha.comFirst Trust Managed Municipal ETF declares $0.106 dividendJune 8, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. June 9, 2022 | nasdaq.comMBNE Brings Sustainability to Muni ETFsSee More Headlines FMB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Fund Details IssuerFirst Trust Fund NameFirst Trust Managed Municipal ETF Tax ClassificationRegulated Investment Company Stock ExchangeNASDAQCurrent SymbolNASDAQ:FMB Inception Date5/13/2014 Fund ManagerTom Futrell, Johnathan Wilhelm WebN/A Phone14089961010Fund Focus Asset ClassFixed Income BenchmarkN/A CategoryMunicipals FocusBroad Municipals Development LevelDeveloped Markets RegionNorth America Number of Holdings1343 Fund Statistics Assets Under Management$1.87 billion Average Daily Volume$296,701.90 Discount/Premium0.02% 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. TrusteeN/A Lead Market MakerSusquehanna Options OptionableN/A Short Interest220,600 shs Miscellaneous Outstanding Shares37,300,000Beta0.14 Creation Unit50,000 Creation Fee$500.00 First Trust Managed Municipal ETF ExpensesTypeFMBBroad Municipals ETFsFixed Income ETFsNASDAQ ETFsAll ETFsManagement Fee0.65%0.39%0.29%0.45%0.49%Other Expenses0.00%0.37%0.21%0.28%0.51%Total Expense0.65%0.46%0.35%0.54%0.66%Fee Waiver-0.15%-0.18%-0.22%-0.21%-0.52%Net Expense0.50%0.43%0.31%0.50%0.55% First Trust Managed Municipal ETF (FMB) Holdings & ExposureTop 10 FMB HoldingsUs DollarsHolding Weight: 1.36%Us DollarsHolding Weight: 1.07%MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%Holding Weight: 0.82%MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%Holding Weight: 0.81%MEADE CNTY KY INDL BLDG REV 4.8%Holding Weight: 0.69%MEADE CNTY KY INDL BLDG REV 4.2%Holding Weight: 0.68%COLORADO HEALTH FACS AUTH REV 4%Holding Weight: 0.61%COLORADO HEALTH FACS AUTH REV 4%Holding Weight: 0.61%NEW YORK N Y 3.6%Holding Weight: 0.59%NEW YORK N Y 4.15%Holding Weight: 0.59%FMB Sector ExposureFMB Industry ExposureFull Holdings Details Similar ETFsFirst Trust Municipal High Income ETFNASDAQ:FMHIFirst Trust California Municipal High Income ETFNASDAQ:FCALInstitutional OwnershipLevel Four Advisory Services LLCBought 27,348 shares on 6/5/2023Ownership: 0.073%Ameriprise Financial Inc.Sold 210 shares on 5/22/2023Ownership: 0.016%Rockefeller Capital Management L.P.Sold 106,510 shares on 5/17/2023Ownership: 0.237%Westside Investment Management Inc.Bought 3,600 shares on 5/17/2023Ownership: 0.171%Advisory Services Network LLCSold 20,298 shares on 5/17/2023Ownership: 0.049%View All Institutional Transactions FMB ETF - Frequently Asked Questions How have FMB shares performed in 2023? First Trust Managed Municipal ETF's stock was trading at $50.11 at the beginning of the year. Since then, FMB stock has increased by 0.5% and is now trading at $50.37. View the best growth stocks for 2023 here. Are investors shorting First Trust Managed Municipal ETF? First Trust Managed Municipal ETF saw a increase in short interest during 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 short-interest ratio is presently 1.2 days. View First Trust Managed Municipal ETF's Short Interest. 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, May 22nd. Investors of record on Wednesday, May 24th will be paid a dividend of $0.1275 per share on Wednesday, May 31st. This represents a $1.53 annualized dividend and a yield of 3.04%. The ex-dividend date is Tuesday, May 23rd. Read our dividend analysis for FMB. What does FMB invest in? 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. What is the management fee for First Trust Managed Municipal ETF? 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%. What other stocks do shareholders of First Trust Managed Municipal ETF own? 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). 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 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%). How do I buy shares of First Trust Managed Municipal ETF? 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. Compare Top Brokerages Here. What is First Trust Managed Municipal ETF's stock price today? One share of FMB stock can currently be purchased for approximately $50.37. How much money does First Trust Managed Municipal ETF make? First Trust Managed Municipal ETF (NASDAQ:FMB) has a market capitalization of $1.88 billion. How many employees does First Trust Managed Municipal ETF have? The company employs 147,000 workers across the globe. How can I contact First Trust Managed Municipal ETF? The company can be reached via phone at 14089961010. This page (NASDAQ:FMB) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Trust Managed Municipal ETF Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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