CFO4Life Group LLC Trims Stock Holdings in First Trust Municipal High Income ETF (NASDAQ:FMHI)

CFO4Life Group LLC trimmed its position in First Trust Municipal High Income ETF (NASDAQ:FMHI) by 39.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,221 shares of the company’s stock after selling 4,067 shares during the period. CFO4Life Group LLC’s holdings in First Trust Municipal High Income ETF were worth $300,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FMHI. Raymond James Financial Inc. bought a new stake in shares of First Trust Municipal High Income ETF during the 4th quarter worth $17,256,000. Financial Partners Group Inc increased its position in shares of First Trust Municipal High Income ETF by 3.9% during the fourth quarter. Financial Partners Group Inc now owns 244,826 shares of the company’s stock valued at $11,823,000 after buying an additional 9,180 shares during the period. HighTower Advisors LLC increased its position in shares of First Trust Municipal High Income ETF by 186.1% during the third quarter. HighTower Advisors LLC now owns 172,366 shares of the company’s stock valued at $8,513,000 after buying an additional 112,110 shares during the period. Atlas Private Wealth Advisors boosted its stake in First Trust Municipal High Income ETF by 6.6% during the fourth quarter. Atlas Private Wealth Advisors now owns 169,954 shares of the company’s stock worth $8,207,000 after acquiring an additional 10,463 shares in the last quarter. Finally, EnRich Financial Partners LLC boosted its stake in First Trust Municipal High Income ETF by 5.3% during the third quarter. EnRich Financial Partners LLC now owns 139,912 shares of the company’s stock worth $6,912,000 after acquiring an additional 6,990 shares in the last quarter.

First Trust Municipal High Income ETF Trading Down 0.4 %

Shares of NASDAQ FMHI opened at $48.28 on Thursday. The firm’s 50 day moving average price is $48.44 and its 200-day moving average price is $48.76. First Trust Municipal High Income ETF has a 52-week low of $47.33 and a 52-week high of $49.51.

First Trust Municipal High Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a dividend of $0.163 per share. The ex-dividend date was Friday, February 21st. This represents a $1.96 dividend on an annualized basis and a yield of 4.05%.

About First Trust Municipal High Income ETF

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.