First Trust Managed Municipal ETF (NASDAQ:FMB) to Issue $0.14 Dividend

First Trust Managed Municipal ETF (NASDAQ:FMB) announced a dividend on Wednesday, November 20th,NASDAQ Dividends reports. Stockholders of record on Thursday, November 21st will be paid a dividend of 0.139 per share on Friday, November 29th. The ex-dividend date of this dividend is Thursday, November 21st.

First Trust Managed Municipal ETF Price Performance

FMB traded down $0.17 during trading on Thursday, hitting $51.30. 264,353 shares of the company traded hands, compared to its average volume of 155,128. First Trust Managed Municipal ETF has a one year low of $48.10 and a one year high of $52.13. The stock’s fifty day moving average is $51.60 and its 200 day moving average is $51.42.

About First Trust Managed Municipal ETF

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.