First Trust Municipal High Income ETF Declares Monthly Dividend of $0.13 (NASDAQ:FMHI)

First Trust Municipal High Income ETF (NASDAQ:FMHI) declared a monthly dividend on Monday, November 22nd, Zacks reports. Investors of record on Wednesday, November 24th will be paid a dividend of 0.13 per share on Tuesday, November 30th. This represents a $1.56 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date is Tuesday, November 23rd.

Shares of FMHI stock opened at $55.92 on Wednesday. The business’s fifty day simple moving average is $56.00. First Trust Municipal High Income ETF has a 1-year low of $52.65 and a 1-year high of $57.76.

An institutional investor recently raised its position in First Trust Municipal High Income ETF stock. Wells Fargo & Company MN raised its position in First Trust Municipal High Income ETF (NASDAQ:FMHI) by 47.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 8,851 shares of the company’s stock after purchasing an additional 2,850 shares during the period. Wells Fargo & Company MN owned about 0.17% of First Trust Municipal High Income ETF worth $498,000 at the end of the most recent reporting period.

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Dividend History for First Trust Municipal High Income ETF (NASDAQ:FMHI)

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