Rockefeller Capital Management L.P. Has $15.13 Million Stock Position in First Trust Managed Municipal ETF $FMB

Rockefeller Capital Management L.P. increased its stake in shares of First Trust Managed Municipal ETF (NASDAQ:FMB) by 16.2% during the fourth quarter, HoldingsChannel reports. The fund owned 295,844 shares of the company’s stock after acquiring an additional 41,346 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in First Trust Managed Municipal ETF were worth $15,128,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Friday Financial raised its position in shares of First Trust Managed Municipal ETF by 111.3% during the fourth quarter. Friday Financial now owns 31,429 shares of the company’s stock valued at $1,607,000 after buying an additional 16,555 shares during the last quarter. Foster & Motley Inc. grew its position in First Trust Managed Municipal ETF by 33.4% during the fourth quarter. Foster & Motley Inc. now owns 108,922 shares of the company’s stock worth $5,570,000 after buying an additional 27,297 shares in the last quarter. Pursuit Wealth Management LLC acquired a new stake in First Trust Managed Municipal ETF during the fourth quarter worth about $1,382,000. QP Wealth Management LLC bought a new position in First Trust Managed Municipal ETF during the fourth quarter valued at about $728,000. Finally, Citigroup Inc. increased its stake in First Trust Managed Municipal ETF by 13.9% during the third quarter. Citigroup Inc. now owns 180,647 shares of the company’s stock valued at $9,159,000 after acquiring an additional 21,979 shares during the period.

First Trust Managed Municipal ETF Stock Down 0.1%

First Trust Managed Municipal ETF stock opened at $51.35 on Wednesday. The business has a 50 day moving average price of $51.13 and a two-hundred day moving average price of $51.24. First Trust Managed Municipal ETF has a 12 month low of $49.28 and a 12 month high of $52.03.

First Trust Managed Municipal ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were given a dividend of $0.156 per share. The ex-dividend date was Thursday, May 21st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.