International Assets Investment Management LLC Raises Stake in First Trust Municipal High Income ETF $FMHI

International Assets Investment Management LLC raised its position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 501.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,087 shares of the company’s stock after purchasing an additional 50,930 shares during the quarter. International Assets Investment Management LLC owned 0.32% of First Trust Municipal High Income ETF worth $2,928,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its holdings in First Trust Municipal High Income ETF by 21.3% during the third quarter. Farther Finance Advisors LLC now owns 1,207 shares of the company’s stock valued at $57,000 after purchasing an additional 212 shares in the last quarter. Camelot Portfolios LLC purchased a new position in First Trust Municipal High Income ETF during the fourth quarter valued at approximately $96,000. Hughes Financial Services LLC lifted its holdings in First Trust Municipal High Income ETF by 25.7% during the third quarter. Hughes Financial Services LLC now owns 3,074 shares of the company’s stock valued at $148,000 after purchasing an additional 629 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in First Trust Municipal High Income ETF by 243.8% during the fourth quarter. CoreCap Advisors LLC now owns 3,792 shares of the company’s stock valued at $182,000 after purchasing an additional 2,689 shares in the last quarter. Finally, Clear Creek Financial Management LLC purchased a new position in First Trust Municipal High Income ETF during the third quarter valued at approximately $200,000.

First Trust Municipal High Income ETF Stock Up 0.0%

Shares of NASDAQ:FMHI opened at $48.15 on Friday. First Trust Municipal High Income ETF has a 1-year low of $45.83 and a 1-year high of $48.73. The firm’s 50 day simple moving average is $48.02 and its two-hundred day simple moving average is $48.04.

First Trust Municipal High Income ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, April 21st were issued a $0.175 dividend. The ex-dividend date of this dividend was Tuesday, April 21st.

First Trust Municipal High Income ETF Company 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.