NewEdge Advisors LLC Raises Stake in First Trust Managed Municipal ETF $FMB

Posted by Alphonse Anthony on Sep 10th, 2026

NewEdge Advisors LLC boosted its holdings in shares of First Trust Managed Municipal ETF (NASDAQ:FMB – Free Report) by 16.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 497,684 shares of the company’s stock after acquiring an additional 68,875 shares during the period. NewEdge Advisors LLC owned 1.22% of First Trust Managed Municipal ETF worth $25,565,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of FMB. Continuum Advisory LLC bought a new stake in shares of First Trust Managed Municipal ETF in the 2nd quarter worth approximately $29,000. Frazier Financial Advisors LLC bought a new position in First Trust Managed Municipal ETF during the 1st quarter valued at approximately $31,000. PNC Financial Services Group Inc. purchased a new position in First Trust Managed Municipal ETF during the third quarter valued at $51,000. Ascentis Independent Advisors bought a new stake in First Trust Managed Municipal ETF in the first quarter worth $53,000. Finally, Tucker Asset Management LLC bought a new stake in First Trust Managed Municipal ETF in the fourth quarter worth $54,000.

First Trust Managed Municipal ETF Price Performance

NASDAQ FMB opened at $49.37 on Thursday. First Trust Managed Municipal ETF has a 12 month low of $49.35 and a 12 month high of $52.03. The stock’s fifty day moving average price is $50.50 and its 200-day moving average price is $50.95.

First Trust Managed Municipal ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were paid a dividend of $0.158 per share. The ex-dividend date was Friday, August 21st. This represents a c) dividend on an annualized basis and a yield of 3.8%. This is an increase from First Trust Managed Municipal ETF’s previous monthly dividend of $0.16.

About First Trust Managed Municipal ETF

(Free Report)

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.