Ashton Thomas Securities LLC Buys 28,201 Shares of First Trust Municipal High Income ETF $FMHI

Ashton Thomas Securities LLC lifted its position in First Trust Municipal High Income ETF (NASDAQ:FMHIFree Report) by 139.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,416 shares of the company’s stock after acquiring an additional 28,201 shares during the period. Ashton Thomas Securities LLC’s holdings in First Trust Municipal High Income ETF were worth $2,261,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of FMHI. Capital Analysts LLC grew its holdings in shares of First Trust Municipal High Income ETF by 12,025.0% in the 1st quarter. Capital Analysts LLC now owns 1,455 shares of the company’s stock valued at $70,000 after buying an additional 1,443 shares during the period. Private Trust Co. NA lifted its holdings in First Trust Municipal High Income ETF by 5.5% during the first quarter. Private Trust Co. NA now owns 5,201 shares of the company’s stock worth $249,000 after acquiring an additional 271 shares in the last quarter. Landmark Wealth Management LLC grew its stake in First Trust Municipal High Income ETF by 8.9% in the first quarter. Landmark Wealth Management LLC now owns 5,361 shares of the company’s stock valued at $256,000 after acquiring an additional 437 shares during the period. AE Wealth Management LLC increased its holdings in shares of First Trust Municipal High Income ETF by 109.1% in the first quarter. AE Wealth Management LLC now owns 6,009 shares of the company’s stock worth $287,000 after acquiring an additional 3,135 shares in the last quarter. Finally, Altus Wealth Group LLC raised its position in shares of First Trust Municipal High Income ETF by 9.1% during the first quarter. Altus Wealth Group LLC now owns 6,707 shares of the company’s stock worth $321,000 after purchasing an additional 559 shares during the period.

First Trust Municipal High Income ETF Stock Performance

NASDAQ:FMHI opened at $47.55 on Friday. The business’s 50-day simple moving average is $46.75 and its 200-day simple moving average is $46.77. First Trust Municipal High Income ETF has a fifty-two week low of $44.80 and a fifty-two week high of $49.51.

First Trust Municipal High Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a $0.169 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. This is a boost from First Trust Municipal High Income ETF’s previous monthly dividend of $0.17. The ex-dividend date was Thursday, September 25th.

About First Trust Municipal High Income ETF

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Municipal High Income ETF (NASDAQ:FMHI)

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