First Trust Managed Municipal ETF (FMB) To Go Ex-Dividend on March 26th

First Trust Managed Municipal ETF (NASDAQ:FMB) announced a monthly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 26th will be paid a dividend of 0.155 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust Managed Municipal ETF Price Performance

Shares of FMB opened at $50.42 on Friday. First Trust Managed Municipal ETF has a fifty-two week low of $48.19 and a fifty-two week high of $52.03. The business has a 50-day moving average of $51.47 and a 200 day moving average of $51.21.

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.