Cyndeo Wealth Partners LLC Cuts Position in First Trust Municipal High Income ETF (NASDAQ:FMHI)

Cyndeo Wealth Partners LLC lowered its stake in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 3.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,113 shares of the company’s stock after selling 2,976 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in First Trust Municipal High Income ETF were worth $4,254,000 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 business. Wealthcare Advisory Partners LLC lifted its position in First Trust Municipal High Income ETF by 100.0% in the first quarter. Wealthcare Advisory Partners LLC now owns 8,400 shares of the company’s stock valued at $405,000 after purchasing an additional 4,200 shares during the period. WealthCare Investment Partners LLC acquired a new position in shares of First Trust Municipal High Income ETF in the 1st quarter valued at $376,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of First Trust Municipal High Income ETF by 3.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,428,109 shares of the company’s stock valued at $68,806,000 after purchasing an additional 44,740 shares during the last quarter. OneAscent Financial Services LLC lifted its holdings in shares of First Trust Municipal High Income ETF by 11.4% during the 1st quarter. OneAscent Financial Services LLC now owns 17,784 shares of the company’s stock valued at $857,000 after acquiring an additional 1,815 shares in the last quarter. Finally, Westside Investment Management Inc. lifted its holdings in shares of First Trust Municipal High Income ETF by 66.7% during the 1st quarter. Westside Investment Management Inc. now owns 2,500 shares of the company’s stock valued at $120,000 after acquiring an additional 1,000 shares in the last quarter.

First Trust Municipal High Income ETF Stock Up 0.0 %

First Trust Municipal High Income ETF stock opened at $49.24 on Friday. First Trust Municipal High Income ETF has a 12-month low of $43.88 and a 12-month high of $49.51. The firm’s fifty day moving average price is $49.18 and its 200 day moving average price is $48.55.

First Trust Municipal High Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.163 per share. This represents a $1.96 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust Municipal High Income ETF Profile

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.