Crumly & Associates Inc. Sells 48,335 Shares of First Trust Municipal High Income ETF $FMHI

Crumly & Associates Inc. decreased its stake in First Trust Municipal High Income ETF (NASDAQ:FMHI) by 70.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,536 shares of the company’s stock after selling 48,335 shares during the quarter. Crumly & Associates Inc.’s holdings in First Trust Municipal High Income ETF were worth $996,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Wells Fargo & Company MN lifted its position in shares of First Trust Municipal High Income ETF by 15.6% during the 4th quarter. Wells Fargo & Company MN now owns 1,145,777 shares of the company’s stock valued at $54,922,000 after buying an additional 154,624 shares in the last quarter. Bank of America Corp DE grew its stake in shares of First Trust Municipal High Income ETF by 23.7% during the 1st quarter. Bank of America Corp DE now owns 798,920 shares of the company’s stock valued at $37,981,000 after acquiring an additional 153,170 shares during the period. LPL Financial LLC increased its holdings in First Trust Municipal High Income ETF by 12.5% in the 4th quarter. LPL Financial LLC now owns 1,167,716 shares of the company’s stock worth $55,974,000 after acquiring an additional 129,684 shares in the last quarter. Jane Street Group LLC increased its holdings in First Trust Municipal High Income ETF by 888.7% in the 2nd quarter. Jane Street Group LLC now owns 131,035 shares of the company’s stock worth $6,119,000 after acquiring an additional 117,782 shares in the last quarter. Finally, Morgan Stanley increased its holdings in First Trust Municipal High Income ETF by 9.7% in the 4th quarter. Morgan Stanley now owns 1,321,787 shares of the company’s stock worth $63,359,000 after acquiring an additional 117,314 shares in the last quarter.

First Trust Municipal High Income ETF Stock Performance

NASDAQ FMHI opened at $47.87 on Friday. First Trust Municipal High Income ETF has a 12 month low of $45.94 and a 12 month high of $48.73. The company’s 50 day moving average is $48.20 and its two-hundred day moving average is $48.11.

First Trust Municipal High Income ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were paid a $0.177 dividend. The ex-dividend date of this dividend was Tuesday, July 21st.

First Trust Municipal High Income ETF Company 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.