Harbour Investments Inc. Has $1.08 Million Holdings in First Trust Municipal High Income ETF (NASDAQ:FMHI)

Harbour Investments Inc. lowered its position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHI) by 17.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,916 shares of the company’s stock after selling 4,482 shares during the quarter. Harbour Investments Inc. owned 0.14% of First Trust Municipal High Income ETF worth $1,083,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Envestnet Portfolio Solutions Inc. raised its holdings in shares of First Trust Municipal High Income ETF by 11.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 10,353 shares of the company’s stock valued at $500,000 after acquiring an additional 1,024 shares during the period. Summit Wealth Partners LLC raised its holdings in shares of First Trust Municipal High Income ETF by 5.5% during the second quarter. Summit Wealth Partners LLC now owns 11,848 shares of the company’s stock valued at $572,000 after acquiring an additional 620 shares during the period. RFG Advisory LLC raised its holdings in shares of First Trust Municipal High Income ETF by 55.7% during the second quarter. RFG Advisory LLC now owns 29,089 shares of the company’s stock valued at $1,406,000 after acquiring an additional 10,404 shares during the period. Financial Partners Group Inc grew its position in First Trust Municipal High Income ETF by 10.4% during the second quarter. Financial Partners Group Inc now owns 219,361 shares of the company’s stock valued at $10,600,000 after purchasing an additional 20,649 shares in the last quarter. Finally, Ameritas Advisory Services LLC grew its position in First Trust Municipal High Income ETF by 6.7% during the second quarter. Ameritas Advisory Services LLC now owns 7,615 shares of the company’s stock valued at $368,000 after purchasing an additional 480 shares in the last quarter.

First Trust Municipal High Income ETF Price Performance

FMHI stock opened at $48.75 on Friday. First Trust Municipal High Income ETF has a 12 month low of $45.32 and a 12 month high of $49.51. The firm has a 50 day moving average of $49.06 and a two-hundred day moving average of $48.68.

First Trust Municipal High Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were given a $0.163 dividend. This represents a $1.96 annualized dividend and a yield of 4.01%. The ex-dividend date was Tuesday, October 22nd.

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.