First Trust Managed Municipal ETF - FMB Stock Forecast, Price & News

First Trust Managed Municipal ETF's stock was trading at $56.98 at the beginning of the year. Since then, FMB shares have decreased by 11.1% and is now trading at $50.68.
View the best growth stocks for 2022 here.

First Trust Managed Municipal ETF saw a drop in short interest in November. As of November 15th, there was short interest totaling 12,700 shares, a drop of 88.7% from the October 31st total of 112,400 shares. Based on an average trading volume of 395,500 shares, the days-to-cover ratio is currently 0.0 days.
View First Trust Managed Municipal ETF's Short Interest.

First Trust Managed Municipal ETF announced a monthly dividend on Monday, November 21st. Shareholders of record on Wednesday, November 23rd will be given a dividend of $0.119 per share on Wednesday, November 30th. This represents a $1.43 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date is Tuesday, November 22nd. This is an increase from the stock's previous monthly dividend of $0.12.
Read our dividend analysis for FMB.

First Trust Managed Municipal ETF (NASDAQ:FMB) pays an annual dividend of $1.21 per share and currently has a dividend yield of 2.38%.
Read our dividend analysis for FMB.

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 investors include UBS Group AG (3.79%), Raymond James Financial Services Advisors Inc. (2.10%), CWA Asset Management Group LLC (1.84%), Royal Bank of Canada (1.79%), Sequoia Financial Advisors LLC (1.63%) and Congress Wealth Management LLC DE (1.40%).

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.

One share of FMB stock can currently be purchased for approximately $50.68.

First Trust Managed Municipal ETF (NASDAQ:FMB) has a market capitalization of $1.82 billion.

The company employs 147,000 workers across the globe.

The company can be reached via phone at 14089961010.