SlateStone Wealth LLC trimmed its holdings in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI – Free Report) by 23.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 98,309 shares of the company’s stock after selling 30,590 shares during the period. SlateStone Wealth LLC’s holdings in First Trust Municipal High Income ETF were worth $4,687,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. AE Wealth Management LLC grew its holdings in shares of First Trust Municipal High Income ETF by 42.5% in the 3rd quarter. AE Wealth Management LLC now owns 17,468 shares of the company’s stock worth $787,000 after acquiring an additional 5,207 shares during the period. AdvisorNet Financial Inc grew its holdings in shares of First Trust Municipal High Income ETF by 1,525.0% in the 3rd quarter. AdvisorNet Financial Inc now owns 3,900 shares of the company’s stock worth $176,000 after acquiring an additional 3,660 shares during the period. Private Trust Co. NA grew its holdings in shares of First Trust Municipal High Income ETF by 279.6% in the 3rd quarter. Private Trust Co. NA now owns 3,170 shares of the company’s stock worth $143,000 after acquiring an additional 2,335 shares during the period. Flagstar Advisors Inc. grew its holdings in shares of First Trust Municipal High Income ETF by 1.4% in the 3rd quarter. Flagstar Advisors Inc. now owns 26,649 shares of the company’s stock worth $1,201,000 after acquiring an additional 362 shares during the period. Finally, Tanglewood Legacy Advisors LLC grew its holdings in shares of First Trust Municipal High Income ETF by 110.0% in the 3rd quarter. Tanglewood Legacy Advisors LLC now owns 2,100 shares of the company’s stock worth $95,000 after acquiring an additional 1,100 shares during the period.
First Trust Municipal High Income ETF Stock Performance
FMHI opened at $47.59 on Wednesday. The stock’s 50 day simple moving average is $47.94 and its 200 day simple moving average is $46.99. First Trust Municipal High Income ETF has a 1-year low of $43.88 and a 1-year high of $48.37.
First Trust Municipal High Income ETF Dividend Announcement
First Trust Municipal High Income ETF 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.
Featured Stories
- Five stocks we like better than First Trust Municipal High Income ETF
- Insider Trades May Not Tell You What You Think
- GE Aerospace is Ready for Liftoff After Strong Earnings
- CD Calculator: Certificate of Deposit Calculator
- The Bottom is in For Tesla: Read This Before Buying the Bounce
- Best Stocks Under $5.00
- 3 Technologies to Challenge NAND Flash Dominance in AI
Want to see what other hedge funds are holding FMHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Municipal High Income ETF (NASDAQ:FMHI – Free Report).
Receive News & Ratings for First Trust Municipal High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Municipal High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.