Patten Group Inc. Acquires 3,682 Shares of First Trust Managed Municipal ETF (NASDAQ:FMB)

Patten Group Inc. lifted its holdings in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 23.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,365 shares of the company’s stock after buying an additional 3,682 shares during the period. Patten Group Inc.’s holdings in First Trust Managed Municipal ETF were worth $988,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of FMB. Hedeker Wealth LLC increased its position in First Trust Managed Municipal ETF by 53.3% during the fourth quarter. Hedeker Wealth LLC now owns 53,262 shares of the company’s stock valued at $2,717,000 after acquiring an additional 18,519 shares during the last quarter. Atomi Financial Group Inc. purchased a new stake in shares of First Trust Managed Municipal ETF during the 4th quarter valued at about $249,000. JPMorgan Chase & Co. lifted its stake in shares of 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 worth $21,896,000 after purchasing an additional 25,002 shares during the period. Fifth Third Bancorp boosted its holdings in shares of First Trust Managed Municipal ETF by 177.8% in the fourth quarter. Fifth Third Bancorp now owns 2,778 shares of the company’s stock worth $142,000 after buying an additional 1,778 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in First Trust Managed Municipal ETF during the third quarter valued at approximately $1,555,000.

First Trust Managed Municipal ETF Trading Down 0.1 %

FMB opened at $51.44 on Tuesday. The firm’s 50 day simple moving average is $51.05 and its two-hundred day simple moving average is $51.40. First Trust Managed Municipal ETF has a 1-year low of $48.10 and a 1-year high of $52.13.

First Trust Managed Municipal ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was 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.