First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $51.02, but opened at $48.10. First Trust Managed Municipal ETF shares last traded at $51.00, with a volume of 41,171 shares trading hands.
First Trust Managed Municipal ETF Price Performance
The company’s 50 day moving average is $51.75 and its two-hundred day moving average is $51.37.
First Trust Managed Municipal ETF Dividend Announcement
The company also recently announced a dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd will be paid a $0.139 dividend. The ex-dividend date is Tuesday, October 22nd.
Institutional Investors Weigh In On First Trust Managed Municipal ETF
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.
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