Kestra Private Wealth Services LLC Has $2.11 Million Stock Holdings in First Trust Municipal High Income ETF $FMHI

Kestra Private Wealth Services LLC lifted its stake in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 47.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,956 shares of the company’s stock after buying an additional 14,231 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust Municipal High Income ETF were worth $2,107,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC increased its position in First Trust Municipal High Income ETF by 21.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,207 shares of the company’s stock valued at $57,000 after acquiring an additional 212 shares during the period. Hughes Financial Services LLC raised its position in shares of First Trust Municipal High Income ETF by 25.7% in the 3rd quarter. Hughes Financial Services LLC now owns 3,074 shares of the company’s stock worth $148,000 after acquiring an additional 629 shares in the last quarter. CoreCap Advisors LLC lifted its stake in First Trust Municipal High Income ETF by 243.8% in the fourth quarter. CoreCap Advisors LLC now owns 3,792 shares of the company’s stock valued at $182,000 after buying an additional 2,689 shares during the period. Clear Creek Financial Management LLC acquired a new position in shares of First Trust Municipal High Income ETF during the 3rd quarter valued at $200,000. Finally, Stratos Wealth Partners LTD. raised its holdings in shares of First Trust Municipal High Income ETF by 8.6% during the third quarter. Stratos Wealth Partners LTD. now owns 5,642 shares of the company’s stock valued at $268,000 after purchasing an additional 447 shares during the period.

First Trust Municipal High Income ETF Trading Up 0.1%

Shares of NASDAQ:FMHI opened at $48.01 on Friday. First Trust Municipal High Income ETF has a 52-week low of $45.83 and a 52-week high of $48.73. The business’s 50 day simple moving average is $48.04 and its two-hundred day simple moving average is $48.04.

First Trust Municipal High Income ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were issued a dividend of $0.175 per share. The ex-dividend date was Tuesday, April 21st.

About First Trust Municipal High Income ETF

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.