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NASDAQ:FMB

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

$51.32
+0.03 (+0.06%)
(As of 07/26/2024 ET)
Today's Range
$51.30
$51.41
50-Day Range
$50.48
$51.51
52-Week Range
$48.08
$51.77
Volume
117,789 shs
Average Volume
154,124 shs
Market Capitalization
$1.99 billion
Assets Under Management
$1.98 billion
Dividend Yield
3.08%
Net Expense Ratio
0.65%
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.

FMB Stock Price History

FMB ETF News Headlines

Breaking News: Elon Musk Invents New Type of A.I. (Shocking)
Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.
First Trust Managed Municipal ETF (FMB)
Breaking News: Elon Musk Invents New Type of A.I. (Shocking)
Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.
See More Headlines
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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 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
1359

Fund Statistics

Assets Under Management
$1.98 billion
Average Daily Volume
$141,979.50
Discount/Premium
-0.05%

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
18,400 shs

Miscellaneous

Beta
0.14
Creation Unit
50,000
Creation Fee
$500.00
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First Trust Managed Municipal ETF Expenses

TypeFMBBroad Municipals ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.65%0.32%0.32%0.48%0.51%
Other Expenses0.00%0.57%0.26%0.39%0.54%
Total Expense0.65%0.46%0.40%0.61%0.71%
Fee Waiver0.00%-0.31%-0.25%-0.32%-0.59%
Net Expense0.65%0.41%0.35%0.54%0.59%

First Trust Managed Municipal ETF (FMB) Holdings & Exposure

Top 10 FMB Holdings

  • MEADE CNTY KY INDL BLDG REV 3.75%
    Holding Weight: 0.81%
  • MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%
    Holding Weight: 0.73%
  • BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%
    Holding Weight: 0.51%
  • NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%
    Holding Weight: 0.50%
  • TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%
    Holding Weight: 0.48%
  • ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5%
    Holding Weight: 0.47%
  • ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%
    Holding Weight: 0.45%
  • NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
    Holding Weight: 0.43%
  • PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%
    Holding Weight: 0.42%
  • Cash
    Holding Weight: 0.41%

FMB Sector Exposure

FMB Industry Exposure


FMB ETF - Frequently Asked Questions

How have FMB shares performed this year?

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 0.7% and is now trading at $51.32.
View the best growth stocks for 2024 here
.

Who are First Trust Managed Municipal ETF's major shareholders?

First Trust Managed Municipal ETF's top institutional investors include Sequoia Financial Advisors LLC (2.65%), Raymond James Financial Services Advisors Inc. (1.91%), Miracle Mile Advisors LLC (1.27%) and Raymond James & Associates (0.99%).

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.

What other stocks do shareholders of First Trust Managed Municipal ETF own?
This page (NASDAQ:FMB) was last updated on 7/26/2024 by MarketBeat.com Staff

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