NewEdge Advisors LLC Acquires 16,490 Shares of First Trust Municipal High Income ETF $FMHI

NewEdge Advisors LLC grew its holdings in shares of First Trust Municipal High Income ETF (NASDAQ:FMHIFree Report) by 6.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 269,223 shares of the company’s stock after purchasing an additional 16,490 shares during the quarter. NewEdge Advisors LLC owned approximately 1.36% of First Trust Municipal High Income ETF worth $12,799,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FMHI. Glen Eagle Advisors LLC bought a new stake in First Trust Municipal High Income ETF in the first quarter worth about $91,000. Camelot Portfolios LLC purchased a new stake in shares of First Trust Municipal High Income ETF during the 4th quarter worth approximately $96,000. Parallel Advisors LLC bought a new stake 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 First Trust Municipal High Income ETF in the first quarter valued at approximately $162,000. Finally, FSB Premier Wealth Management Inc. grew its holdings in First Trust Municipal High Income ETF by 14.2% during the fourth quarter. FSB Premier Wealth Management Inc. now owns 4,888 shares of the company’s stock valued at $234,000 after purchasing an additional 608 shares during the period.

First Trust Municipal High Income ETF Price Performance

NASDAQ:FMHI opened at $47.87 on Friday. The business has a fifty day simple moving average of $48.20 and a two-hundred day simple moving average of $48.11. First Trust Municipal High Income ETF has a 1 year low of $45.94 and a 1 year high of $48.73.

First Trust Municipal High Income ETF Dividend Announcement

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

First Trust Municipal High Income ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for First Trust Municipal High Income ETF (NASDAQ:FMHI)

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