One Plus One Wealth Management LLC Increases Stock Position in First Trust Managed Municipal ETF (NASDAQ:FMB)

One Plus One Wealth Management LLC lifted its position in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 23.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,925 shares of the company’s stock after buying an additional 2,427 shares during the period. One Plus One Wealth Management LLC’s holdings in First Trust Managed Municipal ETF were worth $672,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Jane Street Group LLC purchased a new stake in First Trust Managed Municipal ETF during the first quarter worth approximately $15,269,000. Cetera Investment Advisers increased its holdings in First Trust Managed Municipal ETF by 246.7% in the 1st quarter. Cetera Investment Advisers now owns 252,562 shares of the company’s stock valued at $12,972,000 after purchasing an additional 179,710 shares in the last quarter. Avantax Advisory Services Inc. raised its position in First Trust Managed Municipal ETF by 44.5% in the first quarter. Avantax Advisory Services Inc. now owns 524,971 shares of the company’s stock valued at $26,963,000 after purchasing an additional 161,642 shares during the period. ARQ Wealth Advisors LLC purchased a new position in First Trust Managed Municipal ETF in the first quarter valued at about $6,428,000. Finally, International Assets Investment Management LLC lifted its position in First Trust Managed Municipal ETF by 5,096.0% during the 3rd quarter. International Assets Investment Management LLC now owns 114,208 shares of the company’s stock worth $5,934,000 after acquiring an additional 112,010 shares in the last quarter.

First Trust Managed Municipal ETF Stock Performance

NASDAQ FMB opened at $51.35 on Wednesday. The business has a 50 day moving average price of $51.70 and a two-hundred day moving average price of $51.39. First Trust Managed Municipal ETF has a fifty-two week low of $48.10 and a fifty-two week high of $52.13.

First Trust Managed Municipal ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were paid a dividend of $0.139 per share. The ex-dividend date was Tuesday, October 22nd.

First Trust Managed Municipal ETF Company Profile

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.