Cozad Asset Management Inc. Raises Stock Holdings in First Trust Managed Municipal ETF (NASDAQ:FMB)

Cozad Asset Management Inc. raised its position in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 59.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,964 shares of the company’s stock after acquiring an additional 3,707 shares during the period. Cozad Asset Management Inc.’s holdings in First Trust Managed Municipal ETF were worth $508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Hedeker Wealth LLC raised its holdings in shares of First Trust Managed Municipal ETF by 53.3% during the 4th quarter. Hedeker Wealth LLC now owns 53,262 shares of the company’s stock worth $2,717,000 after acquiring an additional 18,519 shares in the last quarter. Atomi Financial Group Inc. bought a new position in shares of First Trust Managed Municipal ETF during the 4th quarter valued at approximately $249,000. US Bancorp DE increased its position in shares of First Trust Managed Municipal ETF by 45.1% during the 4th quarter. US Bancorp DE now owns 10,861 shares of the company’s stock valued at $554,000 after purchasing an additional 3,376 shares during the last quarter. Keybank National Association OH bought a new position in shares of First Trust Managed Municipal ETF during the 4th quarter valued at approximately $554,000. Finally, JPMorgan Chase & Co. increased its position in shares of First Trust Managed Municipal ETF by 6.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 421,410 shares of the company’s stock valued at $21,896,000 after purchasing an additional 25,002 shares during the last quarter.

First Trust Managed Municipal ETF Price Performance

NASDAQ FMB opened at $50.87 on Wednesday. The business’s 50 day moving average price is $51.07 and its 200-day moving average price is $51.36. First Trust Managed Municipal ETF has a fifty-two week low of $48.10 and a fifty-two week high of $52.13.

First Trust Managed Municipal ETF Dividend Announcement

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

First Trust Managed Municipal ETF Company Profile

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.