First Trust Managed Municipal ETF (FMB) To Go Ex-Dividend on November 21st

First Trust Managed Municipal ETF (NASDAQ:FMB) announced a monthly dividend on Thursday, November 20th. Stockholders of record on Friday, November 21st will be given a dividend of 0.147 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, November 21st. This is a 0.7% increase from First Trust Managed Municipal ETF’s previous monthly dividend of $0.15.

First Trust Managed Municipal ETF Stock Down 0.2%

Shares of FMB opened at $51.17 on Friday. First Trust Managed Municipal ETF has a twelve month low of $48.19 and a twelve month high of $51.99. The stock’s fifty day simple moving average is $51.05 and its 200 day simple moving average is $50.21.

About First Trust Managed Municipal ETF

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.