First Trust Managed Municipal ETF to Issue Monthly Dividend of $0.14 (NASDAQ:FMB)

First Trust Managed Municipal ETF (NASDAQ:FMBGet Free Report) announced a monthly dividend on Monday, May 20th, NASDAQ reports. Stockholders of record on Wednesday, May 22nd will be paid a dividend of 0.135 per share on Friday, May 31st. This represents a $1.62 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend is Tuesday, May 21st.

First Trust Managed Municipal ETF Stock Down 0.1 %

Shares of NASDAQ:FMB traded down $0.07 on Tuesday, reaching $50.89. 121,263 shares of the company traded hands, compared to its average volume of 157,881. The business’s 50-day simple moving average is $51.15 and its 200 day simple moving average is $51.07. First Trust Managed Municipal ETF has a 52 week low of $48.08 and a 52 week high of $51.77.

About First Trust Managed Municipal ETF

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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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Dividend History for First Trust Managed Municipal ETF (NASDAQ:FMB)

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