Rockefeller Capital Management L.P. Has $15.13 Million Stock Holdings in First Trust Managed Municipal ETF $FMB

Rockefeller Capital Management L.P. grew its position in First Trust Managed Municipal ETF (NASDAQ:FMB) by 16.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 295,844 shares of the company’s stock after purchasing an additional 41,346 shares during the quarter. Rockefeller Capital Management L.P. owned approximately 0.78% of First Trust Managed Municipal ETF worth $15,128,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of FMB. Advisortrust Partners LLC bought a new stake in shares of First Trust Managed Municipal ETF during the 4th quarter worth $227,000. Rehmann Capital Advisory Group raised its holdings in First Trust Managed Municipal ETF by 9.7% in the 4th quarter. Rehmann Capital Advisory Group now owns 6,917 shares of the company’s stock worth $354,000 after acquiring an additional 609 shares during the period. Arwa LLC bought a new position in First Trust Managed Municipal ETF in the 4th quarter worth $667,000. NewEdge Advisors LLC raised its holdings in First Trust Managed Municipal ETF by 20.9% in the 4th quarter. NewEdge Advisors LLC now owns 405,841 shares of the company’s stock worth $20,753,000 after acquiring an additional 70,160 shares during the period. Finally, Crusonia Wealth Advisors LLC acquired a new position in First Trust Managed Municipal ETF during the 4th quarter worth $276,000.

First Trust Managed Municipal ETF Stock Performance

FMB stock opened at $51.35 on Wednesday. The company has a 50-day moving average of $51.13 and a two-hundred day moving average of $51.24. First Trust Managed Municipal ETF has a 52-week low of $49.28 and a 52-week high of $52.03.

First Trust Managed Municipal ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were given a dividend of $0.156 per share. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, May 21st.

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.