Oppenheimer & Co. Inc. Buys 21,741 Shares of First Trust Municipal High Income ETF $FMHI

Oppenheimer & Co. Inc. raised its stake in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 81.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 48,517 shares of the company’s stock after acquiring an additional 21,741 shares during the period. Oppenheimer & Co. Inc.’s holdings in First Trust Municipal High Income ETF were worth $2,326,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC lifted its stake in First Trust Municipal High Income ETF by 21.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,207 shares of the company’s stock valued at $57,000 after acquiring an additional 212 shares during the period. Camelot Portfolios LLC bought a new position in First Trust Municipal High Income ETF during the 4th quarter valued at about $96,000. Hughes Financial Services LLC lifted its stake in First Trust Municipal High Income ETF by 25.7% during the 3rd quarter. Hughes Financial Services LLC now owns 3,074 shares of the company’s stock valued at $148,000 after acquiring an additional 629 shares during the period. CoreCap Advisors LLC lifted its stake in First Trust Municipal High Income ETF by 243.8% during the 4th quarter. CoreCap Advisors LLC now owns 3,792 shares of the company’s stock valued at $182,000 after acquiring an additional 2,689 shares during the period. Finally, Clear Creek Financial Management LLC bought a new position in First Trust Municipal High Income ETF during the 3rd quarter valued at about $200,000.

First Trust Municipal High Income ETF Stock Performance

FMHI opened at $48.01 on Tuesday. The company’s 50-day simple moving average is $48.04 and its two-hundred day simple moving average is $48.04. First Trust Municipal High Income ETF has a 52-week low of $45.83 and a 52-week high of $48.73.

First Trust Municipal High Income ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were paid a dividend of $0.175 per share. The ex-dividend date was Tuesday, April 21st.

First Trust Municipal High Income ETF Profile

The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.