16,983 Shares in First Trust Municipal High Income ETF $FMHI Purchased by Schwallier Wealth Management LLC

Schwallier Wealth Management LLC purchased a new stake in First Trust Municipal High Income ETF (NASDAQ:FMHI) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 16,983 shares of the company’s stock, valued at approximately $762,000. Schwallier Wealth Management LLC owned 0.07% of First Trust Municipal High Income ETF at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Bank of America Corp DE grew its holdings in First Trust Municipal High Income ETF by 23.7% during the first quarter. Bank of America Corp DE now owns 798,920 shares of the company’s stock worth $37,981,000 after acquiring an additional 153,170 shares during the period. Meeder Advisory Services Inc. raised its position in First Trust Municipal High Income ETF by 11.0% in the first quarter. Meeder Advisory Services Inc. now owns 542,231 shares of the company’s stock worth $25,778,000 after acquiring an additional 53,886 shares in the last quarter. Vise Technologies Inc. lifted its holdings in First Trust Municipal High Income ETF by 34.4% in the third quarter. Vise Technologies Inc. now owns 534,854 shares of the company’s stock valued at $23,988,000 after acquiring an additional 136,836 shares during the period. Cetera Investment Advisers lifted its holdings in First Trust Municipal High Income ETF by 29.2% in the first quarter. Cetera Investment Advisers now owns 359,142 shares of the company’s stock valued at $17,074,000 after acquiring an additional 81,197 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in First Trust Municipal High Income ETF by 10.2% in the second quarter. NewEdge Advisors LLC now owns 296,778 shares of the company’s stock valued at $14,391,000 after acquiring an additional 27,555 shares during the period.

First Trust Municipal High Income ETF Stock Performance

Shares of NASDAQ FMHI opened at $46.75 on Thursday. First Trust Municipal High Income ETF has a one year low of $44.34 and a one year high of $48.73. The company’s fifty day moving average is $45.80 and its two-hundred day moving average is $47.49.

First Trust Municipal High Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 21st were paid a $0.1790 dividend. The ex-dividend date was Wednesday, October 21st. This represents a $2.15 annualized dividend and a dividend yield of 4.6%.

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.