First Trust Municipal High Income ETF $FMHI Stock Acquired by Vise Technologies Inc.

Vise Technologies Inc. raised its holdings in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 34.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 534,854 shares of the company’s stock after purchasing an additional 136,836 shares during the period. Vise Technologies Inc. owned 2.39% of First Trust Municipal High Income ETF worth $23,988,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Glen Eagle Advisors LLC bought a new stake in First Trust Municipal High Income ETF during the 1st quarter worth approximately $91,000. Parallel Advisors LLC purchased a new position in shares of First Trust Municipal High Income ETF in the 1st quarter worth approximately $161,000. Western Wealth Management LLC purchased a new position in shares of First Trust Municipal High Income ETF in the first quarter worth $162,000. Triumph Capital Management boosted its holdings in First Trust Municipal High Income ETF by 152.1% in the second quarter. Triumph Capital Management now owns 4,475 shares of the company’s stock valued at $217,000 after purchasing an additional 2,700 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of First Trust Municipal High Income ETF in the second quarter worth about $235,000.

First Trust Municipal High Income ETF Trading Up 0.4%

Shares of FMHI stock opened at $46.26 on Friday. First Trust Municipal High Income ETF has a 12 month low of $44.34 and a 12 month high of $48.73. The firm has a fifty day moving average price of $45.92 and a 200 day moving average price of $47.55.

First Trust Municipal High Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st were given a dividend of $0.1790 per share. This represents a $2.15 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, October 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.