How have FMB shares performed in 2024?

First Trust Managed Municipal ETF's stock was trading at $51.66 at the start of the year. Since then, FMB stock has decreased by 1.3% and is now trading at $50.99. View the best growth stocks for 2024 here .

Are investors shorting First Trust Managed Municipal ETF?

First Trust Managed Municipal ETF saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 69,000 shares, an increase of 220.9% from the March 15th total of 21,500 shares. Based on an average trading volume of 162,300 shares, the days-to-cover ratio is currently 0.4 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 Wednesday, March 20th. Shareholders of record on Friday, March 22nd will be given a dividend of $0.135 per share on Thursday, March 28th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend is Thursday, March 21st. 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 $1.95 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) .

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 shareholders include Congress Wealth Management LLC DE (1.80%), Miracle Mile Advisors LLC (1.08%), ERn Financial LLC (0.65%), RMR Wealth Builders (0.62%), Kowal Investment Group LLC (0.57%) and RFG Advisory LLC (0.50%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:FMB

First Trust Managed Municipal ETF (FMB) Price, Holdings, & News

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$50.97

+0.02 (+0.04%)

(As of 01:45 PM ET)

Compare

Today's Range: $50.96
▼
$51.04
50-Day Range: $50.77
▼
$51.67
52-Week Range: $48.08
▼
$51.77

Volume: 74,007 shs
Average Volume: 163,443 shs
Market Capitalization: $1.96 billion

Assets Under Management: $1.95 billion
Dividend Yield: 3.06%
Net Expense Ratio: 0.50%

Stock Analysis Chart Dividend Headlines Holdings Ownership Short Interest Social Media

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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.

FMB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FMB ETF News Headlines

April 16, 2024 | finance.yahoo.com

First Trust Managed Municipal ETF (FMB)

April 5, 2024 | nasdaq.com

First Trust Managed Municipal (FMB) Enters Oversold Territory

April 19, 2024 | DTI (Ad)

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February 20, 2024 | tmcnet.com

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for March

February 20, 2024 | businesswire.com

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

November 22, 2023 | msn.com

First Trust Short Duration Managed Municipal ETF declares $0.042 dividend

November 13, 2023 | investing.com

FMB ETF Stock Price History

October 27, 2023 | msn.com

First Trust Managed Municipal ETF declares $0.1275 dividend

April 19, 2024 | DTI (Ad)

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August 25, 2023 | msn.com

First Trust Managed Municipal ETF declares monthly distribution of $0.1270

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Fund Details

Issuer: First Trust
Fund Name: First Trust Managed Municipal ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NASDAQ
Current Symbol: NASDAQ:FMB
Inception Date: 5/13/2014
Fund Manager: Tom Futrell, Johnathan Wilhelm
Web: N/A
Phone: 14089961010

Fund Focus

Asset Class: Fixed Income
Benchmark: N/A
Category: Municipals
Focus: Broad Municipals
Development Level: Developed Markets
Region: North America
Number of Holdings: 1333

Fund Statistics

Assets Under Management: $1.95 billion
Average Daily Volume: $142,370.30
Discount/Premium: -0.01%

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

Options

Optionable: N/A
Short Interest: 69,000 shs

Miscellaneous

Outstanding Shares: 38,500,000
Beta: 0.14
Creation Unit: 50,000
Creation Fee: $500.00

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First Trust Managed Municipal ETF Expenses

Type	FMB	Broad Municipals ETFs	Fixed Income ETFs	NASDAQ ETFs	All ETFs
Management Fee	0.65%	0.33%	0.32%	0.48%	0.51%
Other Expenses	0.00%	0.47%	0.27%	0.34%	0.58%
Total Expense	0.65%	0.44%	0.40%	0.58%	0.70%
Fee Waiver	-0.15%	-0.32%	-0.24%	-0.22%	-0.57%
Net Expense	0.50%	0.37%	0.35%	0.54%	0.58%

First Trust Managed Municipal ETF (FMB) Holdings & Exposure

Top 10 FMB Holdings

Us Dollars
Holding Weight: 0.98%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%
Holding Weight: 0.80%
MEADE CNTY KY INDL BLDG REV 3.25%
Holding Weight: 0.68%
COLORADO HEALTH FACS AUTH REV 4%
Holding Weight: 0.59%
MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 2.75%
Holding Weight: 0.59%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%
Holding Weight: 0.57%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%
Holding Weight: 0.57%
ST LUCIE CNTY FLA SOLID WASTE DISP REV 2.75%
Holding Weight: 0.57%
ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%
Holding Weight: 0.51%
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
Holding Weight: 0.48%

FMB Sector Exposure

FMB Industry Exposure

Full Holdings Details

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Institutional Ownership

View All Institutional Transactions

FMB ETF - Frequently Asked Questions

How have FMB shares performed in 2024?: First Trust Managed Municipal ETF's stock was trading at $51.66 at the start of the year. Since then, FMB stock has decreased by 1.3% and is now trading at $50.99.
View the best growth stocks for 2024 here.
Are investors shorting First Trust Managed Municipal ETF?: First Trust Managed Municipal ETF saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 69,000 shares, an increase of 220.9% from the March 15th total of 21,500 shares. Based on an average trading volume of 162,300 shares, the days-to-cover ratio is currently 0.4 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 Wednesday, March 20th. Shareholders of record on Friday, March 22nd will be given a dividend of $0.135 per share on Thursday, March 28th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend is Thursday, March 21st.
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 $1.95 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).
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 shareholders include Congress Wealth Management LLC DE (1.80%), Miracle Mile Advisors LLC (1.08%), ERn Financial LLC (0.65%), RMR Wealth Builders (0.62%), Kowal Investment Group LLC (0.57%) and RFG Advisory LLC (0.50%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FMB) was last updated on 4/19/2024 by MarketBeat.com Staff

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