Magnus Financial Group LLC Raises Stock Holdings in First Trust New York Municipal High Income ETF $FMNY

Posted by Doug Wharley on Jan 15th, 2026

Magnus Financial Group LLC raised its holdings in First Trust New York Municipal High Income ETF (NYSEARCA:FMNY – Free Report) by 82.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 320,049 shares of the company’s stock after purchasing an additional 144,300 shares during the period. Magnus Financial Group LLC owned about 33.69% of First Trust New York Municipal High Income ETF worth $8,476,000 as of its most recent SEC filing.

Separately, Jane Street Group LLC bought a new stake in shares of First Trust New York Municipal High Income ETF in the first quarter worth $386,000.

First Trust New York Municipal High Income ETF Trading Up 0.3%

NYSEARCA FMNY opened at $26.93 on Thursday. First Trust New York Municipal High Income ETF has a 12 month low of $24.98 and a 12 month high of $26.98. The company’s fifty day moving average price is $26.74 and its two-hundred day moving average price is $26.41.

First Trust New York Municipal High Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were given a $0.081 dividend. The ex-dividend date was Friday, November 21st. This represents a c) annualized dividend and a dividend yield of 3.6%.

About First Trust New York Municipal High Income ETF

(Free Report)

The First Trust New York High Income Municipal ETF (FMNY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets fixed income of any duration and credit quality. Issues selected provide interest income that is exempt from federal, New York State and City taxes. FMNY was launched on May 12, 2021 and is managed by First Trust.