First Trust Managed Municipal ETF (NASDAQ:FMB) Stock Holdings Lifted by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. lifted its position in First Trust Managed Municipal ETF (NASDAQ:FMB) by 8.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 52,615 shares of the company’s stock after acquiring an additional 4,103 shares during the quarter. First Trust Managed Municipal ETF makes up about 1.4% of Blackhawk Capital Partners LLC.’s holdings, making the stock its 19th biggest holding. Blackhawk Capital Partners LLC. owned 0.13% of First Trust Managed Municipal ETF worth $2,684,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FMB. Hedeker Wealth LLC increased its holdings in shares of First Trust Managed Municipal ETF by 53.3% in the 4th quarter. Hedeker Wealth LLC now owns 53,262 shares of the company’s stock valued at $2,717,000 after purchasing an additional 18,519 shares during the period. Atomi Financial Group Inc. purchased a new position in First Trust Managed Municipal ETF during the fourth quarter valued at approximately $249,000. JPMorgan Chase & Co. increased its stake in First Trust Managed Municipal ETF by 6.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 421,410 shares of the company’s stock valued at $21,896,000 after buying an additional 25,002 shares during the period. Fifth Third Bancorp lifted its position in First Trust Managed Municipal ETF by 177.8% in the 4th quarter. Fifth Third Bancorp now owns 2,778 shares of the company’s stock worth $142,000 after buying an additional 1,778 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of First Trust Managed Municipal ETF during the 3rd quarter valued at $1,555,000.

First Trust Managed Municipal ETF Stock Performance

First Trust Managed Municipal ETF stock opened at $51.21 on Tuesday. First Trust Managed Municipal ETF has a 12 month low of $48.10 and a 12 month high of $52.13. The company’s fifty day simple moving average is $51.00 and its 200-day simple moving average is $51.41.

First Trust Managed Municipal ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be given a $0.14 dividend. The ex-dividend date is Friday, February 21st.

About First Trust Managed Municipal ETF

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.