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 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.

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.

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.

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.

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 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 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%).

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 $50.94.

First Trust Managed Municipal ETF (NASDAQ:FMB) has a market capitalization of $1.92 billion.

The company employs 147,000 workers across the globe.

The company can be reached via phone at 14089961010.