Larson Financial Group LLC Invests $537,000 in First Trust Managed Municipal ETF (NASDAQ:FMB)

Larson Financial Group LLC bought a new position in First Trust Managed Municipal ETF (NASDAQ:FMB) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,670 shares of the company’s stock, valued at approximately $537,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its stake in shares of First Trust Managed Municipal ETF by 7.4% in the second quarter. Janney Montgomery Scott LLC now owns 38,089 shares of the company’s stock worth $2,086,000 after acquiring an additional 2,628 shares during the last quarter. Capital Investment Advisory Services LLC boosted its position in shares of First Trust Managed Municipal ETF by 44.0% during the second quarter. Capital Investment Advisory Services LLC now owns 17,835 shares of the company’s stock valued at $983,000 after buying an additional 5,450 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of First Trust Managed Municipal ETF by 154.2% during the second quarter. Steward Partners Investment Advisory LLC now owns 42,377 shares of the company’s stock valued at $2,321,000 after buying an additional 25,709 shares during the last quarter. PFG Advisors boosted its position in shares of First Trust Managed Municipal ETF by 7.5% during the second quarter. PFG Advisors now owns 8,505 shares of the company’s stock valued at $468,000 after buying an additional 592 shares during the last quarter. Finally, First Heartland Consultants Inc. boosted its position in shares of First Trust Managed Municipal ETF by 13.4% during the second quarter. First Heartland Consultants Inc. now owns 36,123 shares of the company’s stock valued at $1,978,000 after buying an additional 4,276 shares during the last quarter.

Shares of First Trust Managed Municipal ETF stock traded down $0.14 during trading on Friday, hitting $55.68. 2,700 shares of the company’s stock traded hands, compared to its average volume of 129,282. First Trust Managed Municipal ETF has a 1 year low of $51.51 and a 1 year high of $56.22. The business has a 50-day simple moving average of $55.75 and a 200-day simple moving average of $54.89.

The firm also recently disclosed a — dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1125 per share. The ex-dividend date was Wednesday, September 25th. This represents a dividend yield of 2.5%.

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Institutional Ownership by Quarter for First Trust Managed Municipal ETF (NASDAQ:FMB)

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