First Trust Managed Municipal ETF (NASDAQ:FMB) Announces $0.14 Dividend

First Trust Managed Municipal ETF (NASDAQ:FMB) declared a dividend on Thursday, December 12th,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be given a dividend of 0.139 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th.

First Trust Managed Municipal ETF Trading Down 0.4 %

FMB traded down $0.22 during midday trading on Friday, hitting $51.28. The company had a trading volume of 150,410 shares, compared to its average volume of 156,670. First Trust Managed Municipal ETF has a twelve month low of $48.10 and a twelve month high of $52.13. The firm’s 50-day simple moving average is $51.51 and its 200-day simple moving average is $51.49.

First Trust Managed Municipal ETF Company Profile

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.