First Trust Managed Municipal ETF (NASDAQ:FMB) Sees Unusually-High Trading Volume After Dividend Announcement

Posted by Scott Moore on Oct 21st, 2026

First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) shares saw strong trading volume on Wednesday following a dividend announcement from the company. 299,146 shares traded hands during trading, an increase of 36% from the previous session’s volume of 220,293 shares. The stock last traded at $48.5650 and had previously closed at $48.63.

The newly announced dividend which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st will be given a dividend of $0.1590 per share. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $1.91 annualized dividend and a dividend yield of 3.9%.

First Trust Managed Municipal ETF Stock Down 0.1%

The stock has a 50 day moving average of $49.13 and a 200 day moving average of $50.36.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Continuum Advisory LLC bought a new stake in shares of First Trust Managed Municipal ETF in the 2nd quarter worth approximately $29,000. Frazier Financial Advisors LLC bought a new position in First Trust Managed Municipal ETF during the 1st quarter worth $31,000. Ascentis Independent Advisors acquired a new stake in First Trust Managed Municipal ETF in the first quarter worth $53,000. Legacy Wealth Managment LLC ID increased its position in First Trust Managed Municipal ETF by 339.0% in the first quarter. Legacy Wealth Managment LLC ID now owns 1,374 shares of the company’s stock worth $70,000 after buying an additional 1,061 shares during the period. Finally, IMG Wealth Management Inc. lifted its stake in First Trust Managed Municipal ETF by 96.2% in the first quarter. IMG Wealth Management Inc. now owns 2,531 shares of the company’s stock valued at $128,000 after buying an additional 1,241 shares during the last quarter.

First Trust Managed Municipal ETF Company Profile

(Get Free Report)

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.