Vise Technologies Inc. Has $5.60 Million Stock Holdings in First Trust Municipal High Income ETF $FMHI

Vise Technologies Inc. increased its holdings in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 147.2% in the 4th quarter, HoldingsChannel reports. The firm owned 116,797 shares of the company’s stock after acquiring an additional 69,545 shares during the period. Vise Technologies Inc.’s holdings in First Trust Municipal High Income ETF were worth $5,599,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in FMHI. Jane Street Group LLC grew its stake in First Trust Municipal High Income ETF by 888.7% during the second quarter. Jane Street Group LLC now owns 131,035 shares of the company’s stock worth $6,119,000 after purchasing an additional 117,782 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in First Trust Municipal High Income ETF by 3.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,604,484 shares of the company’s stock worth $76,993,000 after purchasing an additional 51,738 shares during the period. International Assets Investment Management LLC grew its stake in First Trust Municipal High Income ETF by 501.4% during the fourth quarter. International Assets Investment Management LLC now owns 61,087 shares of the company’s stock worth $2,928,000 after purchasing an additional 50,930 shares during the period. UBS Group AG grew its stake in First Trust Municipal High Income ETF by 10.3% during the fourth quarter. UBS Group AG now owns 324,495 shares of the company’s stock worth $15,554,000 after purchasing an additional 30,404 shares during the period. Finally, Financial Partners Group Inc grew its stake in First Trust Municipal High Income ETF by 14.6% during the fourth quarter. Financial Partners Group Inc now owns 227,133 shares of the company’s stock worth $10,910,000 after purchasing an additional 28,880 shares during the period.

First Trust Municipal High Income ETF Stock Down 0.1%

NASDAQ FMHI opened at $48.29 on Friday. The business has a 50 day simple moving average of $47.97 and a 200 day simple moving average of $48.03. First Trust Municipal High Income ETF has a one year low of $45.83 and a one year high of $48.73.

First Trust Municipal High Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were paid a dividend of $0.176 per share. This is an increase from First Trust Municipal High Income ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Thursday, May 21st.

About First Trust Municipal High Income ETF

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.