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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
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The Market Crash Shield is A.I. (Ad)pixel
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
What’s At Stake In April is Shocking (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
The Market Crash Shield is A.I. (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
The Market Crash Shield is A.I. (Ad)pixel
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
What’s At Stake In April is Shocking (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
The Market Crash Shield is A.I. (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
The Market Crash Shield is A.I. (Ad)pixel
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
What’s At Stake In April is Shocking (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
The Market Crash Shield is A.I. (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
NASDAQ:FMB

First Trust Managed Municipal ETF - FMB Price, Holdings, & News

$50.94
+0.04 (+0.08%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$50.85
$50.96
50-Day Range
$50.21
$51.59
52-Week Range
$48.07
$53.16
Volume
133,084 shs
Average Volume
249,785 shs
Market Capitalization
$1.92 billion
Assets Under Management
$1.68 billion
Dividend Yield
2.65%
Net Expense Ratio
0.50%
FMB stock logo

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.

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FMB ETF News Headlines

First Trust Managed Municipal ETF
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MBNE Brings Sustainability to Muni ETFs
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Fund Details

Issuer
First Trust
Fund Name
First Trust Managed Municipal ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:FMB
Inception Date
5/13/2014
Fund Manager
Tom Futrell, Johnathan N. Wilhelm
Web
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Municipals
Focus
Broad Municipals
Development Level
Developed Markets
Region
North America
Number of Holdings
0

Fund Statistics

Assets Under Management
$1.68 billion
Average Daily Volume
$122,080.60
Discount/Premium
-0.03%

Administrator, Advisor and Custodian

Administrator
Brown Brothers Harriman & Co.
Advisor
First Trust Advisors L.P.
Custodian
Brown Brothers Harriman & Co.
Distributor
First Trust Portfolios L.P.
Transfer Agent
Brown Brothers Harriman & Co.
Trustee
N/A
Lead Market Maker
Susquehanna

Miscellaneous

Beta
0.12

First Trust Managed Municipal ETF Expenses

TypeFMBBroad Municipals ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.65%0.35%0.31%0.45%0.49%
Other Expenses0.00%0.40%0.23%0.34%0.55%
Total Expense0.65%0.43%0.38%0.54%0.68%
Fee Waiver-0.15%-0.18%-0.23%-0.31%-0.57%
Net Expense0.50%0.39%0.34%0.48%0.56%

First Trust Managed Municipal ETF (FMB) Holdings & Exposure

Top 10 FMB Holdings

  • Us Dollars
    Holding Weight: 1.31%
  • MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%
    Holding Weight: 0.85%
  • COLORADO HEALTH FACS AUTH REV 4%
    Holding Weight: 0.62%
  • NEW YORK N Y 3%
    Holding Weight: 0.62%
  • BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%
    Holding Weight: 0.60%
  • NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%
    Holding Weight: 0.60%
  • ST LUCIE CNTY FLA SOLID WASTE DISP REV 1.9%
    Holding Weight: 0.60%
  • MEADE CNTY KY INDL BLDG REV 2.65%
    Holding Weight: 0.54%
  • ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%
    Holding Weight: 0.53%
  • NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
    Holding Weight: 0.52%

FMB Sector Exposure

FMB Industry Exposure














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 2023. Since then, FMB shares have increased by 1.6% and is now trading at $50.9357.
View the best growth stocks for 2023 here
.

Are investors shorting First Trust Managed Municipal ETF?

First Trust Managed Municipal ETF saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 48,900 shares, a decrease of 84.2% from the February 28th total of 309,800 shares. Based on an average daily volume of 295,500 shares, the days-to-cover ratio is presently 0.2 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 declared a monthly dividend on Thursday, March 23rd. Shareholders of record on Monday, March 27th will be given a dividend of $0.13 per share on Friday, March 31st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date of this dividend is Friday, March 24th. This is an increase from the stock's previous monthly dividend of $0.13.
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 $1.68 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 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 a variety of retail and institutional investors. Top institutional investors 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%).

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 $50.94.

How much money does First Trust Managed Municipal ETF make?

First Trust Managed Municipal ETF (NASDAQ:FMB) has a market capitalization of $1.92 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 4/1/2023 by MarketBeat.com Staff