Coyle Financial Counsel LLC Acquires Shares of 5,366 First Trust Managed Municipal ETF (NASDAQ:FMB)

Coyle Financial Counsel LLC acquired a new stake in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 5,366 shares of the company’s stock, valued at approximately $274,000.

Other hedge funds have also bought and sold shares of the company. Pinnacle Bancorp Inc. grew its holdings in shares of First Trust Managed Municipal ETF by 152.9% in the fourth quarter. Pinnacle Bancorp Inc. now owns 2,150 shares of the company’s stock worth $110,000 after purchasing an additional 1,300 shares during the last quarter. Fifth Third Bancorp grew 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 purchasing an additional 1,778 shares during the last quarter. Dopkins Wealth Management LLC bought a new position in shares of First Trust Managed Municipal ETF in the third quarter worth about $201,000. TrueWealth Advisors LLC bought a new position in shares of First Trust Managed Municipal ETF in the fourth quarter worth about $207,000. Finally, James Investment Research Inc. bought a new position in shares of First Trust Managed Municipal ETF in the third quarter worth about $224,000.

First Trust Managed Municipal ETF Trading Down 0.1 %

Shares of First Trust Managed Municipal ETF stock opened at $51.21 on Tuesday. First Trust Managed Municipal ETF has a 1 year low of $48.10 and a 1 year high of $52.13. The firm’s 50-day moving average is $51.00 and its two-hundred day moving average is $51.41.

First Trust Managed Municipal ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend 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.