First Trust Managed Municipal ETF (NASDAQ:FMB) Sees Unusually-High Trading Volume – Still a Buy?

Posted by Lindsey Winhoffer on Apr 1st, 2026

First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) saw an uptick in trading volume on Monday . 316,012 shares traded hands during mid-day trading, an increase of 99% from the previous session’s volume of 158,907 shares.The stock last traded at $50.55 and had previously closed at $50.48.

First Trust Managed Municipal ETF Stock Performance

The business’s 50 day moving average price is $51.42 and its 200-day moving average price is $51.22.

First Trust Managed Municipal ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a dividend of $0.155 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Thursday, March 26th.

Hedge Funds Weigh In On First Trust Managed Municipal ETF

Institutional investors have recently added to or reduced their stakes in the company. Total Investment Management Inc. acquired a new stake in shares of First Trust Managed Municipal ETF during the second quarter valued at about $27,000. Evolution Wealth Management Inc. acquired a new position in shares of First Trust Managed Municipal ETF in the second quarter worth about $27,000. Ameriflex Group Inc. acquired a new position in shares of First Trust Managed Municipal ETF in the third quarter worth about $40,000. Hazlett Burt & Watson Inc. purchased a new position in First Trust Managed Municipal ETF in the third quarter valued at about $45,000. Finally, PNC Financial Services Group Inc. purchased a new position in First Trust Managed Municipal ETF in the third quarter valued at about $51,000.

First Trust Managed Municipal ETF Company Profile

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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.