First Trust Managed Municipal ETF (NASDAQ:FMB) Plans $0.16 Dividend

First Trust Managed Municipal ETF (NASDAQ:FMB) announced a dividend on Monday, April 20th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 21st will be given a dividend of 0.156 per share on Thursday, April 30th. The ex-dividend date is Tuesday, April 21st.

First Trust Managed Municipal ETF Price Performance

NASDAQ FMB traded down $0.20 during trading on Tuesday, hitting $51.17. 6,854 shares of the company’s stock traded hands, compared to its average volume of 154,658. First Trust Managed Municipal ETF has a 12-month low of $49.04 and a 12-month high of $52.03. The business has a 50 day moving average of $51.33 and a 200-day moving average of $51.25.

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.