First Trust Managed Municipal ETF (NASDAQ:FMB) to Issue $0.14 Dividend

by · The Markets Daily

First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) declared a dividend on Monday, October 21st, NASDAQ reports. Shareholders of record on Tuesday, October 22nd will be given a dividend of 0.139 per share on Thursday, October 31st. The ex-dividend date of this dividend is Tuesday, October 22nd.

First Trust Managed Municipal ETF Stock Down 0.5 %

FMB traded down $0.25 on Tuesday, reaching $51.33. The stock had a trading volume of 122,854 shares, compared to its average volume of 153,988. First Trust Managed Municipal ETF has a 12-month low of $48.08 and a 12-month high of $52.13. The business’s 50-day moving average price is $51.79 and its two-hundred day moving average price is $51.37.

First Trust Managed Municipal ETF Company Profile

(Get Free Report)

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.

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