First Trust Managed Municipal ETF (FMB) To Go Ex-Dividend on April 23rd

First Trust Managed Municipal ETF (NASDAQ:FMB) declared a monthly dividend on Monday, April 22nd, NASDAQ reports. Shareholders of record on Wednesday, April 24th will be paid a dividend of 0.135 per share on Tuesday, April 30th. This represents a $1.62 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend is Tuesday, April 23rd.

First Trust Managed Municipal ETF Stock Down 0.3 %

Shares of NASDAQ FMB opened at $50.87 on Wednesday. The stock’s fifty day moving average price is $51.31 and its two-hundred day moving average price is $50.73. First Trust Managed Municipal ETF has a one year low of $48.08 and a one year high of $51.77.

First Trust Managed Municipal ETF Company Profile

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.