Main Street Financial Solutions LLC Makes New $4.48 Million Investment in First Trust Municipal High Income ETF (NASDAQ:FMHI)

Main Street Financial Solutions LLC purchased a new position in shares of First Trust Municipal High Income ETF (NASDAQ:FMHIGet Rating) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 79,833 shares of the company’s stock, valued at approximately $4,481,000. Main Street Financial Solutions LLC owned about 1.11% of First Trust Municipal High Income ETF as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Country Trust Bank acquired a new position in shares of First Trust Municipal High Income ETF during the 4th quarter worth approximately $598,000. U.S. Capital Wealth Advisors LLC increased its holdings in shares of First Trust Municipal High Income ETF by 5.5% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,500 shares of the company’s stock worth $814,000 after acquiring an additional 750 shares during the last quarter. Echo Wealth Management LLC increased its holdings in shares of First Trust Municipal High Income ETF by 18.1% during the 4th quarter. Echo Wealth Management LLC now owns 13,670 shares of the company’s stock worth $763,000 after acquiring an additional 2,099 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust Municipal High Income ETF by 7.8% during the 3rd quarter. Cetera Investment Advisers now owns 44,630 shares of the company’s stock worth $2,489,000 after acquiring an additional 3,212 shares during the last quarter. Finally, Moors & Cabot Inc. acquired a new position in shares of First Trust Municipal High Income ETF during the 3rd quarter worth approximately $16,691,000.

Shares of FMHI stock traded up $0.08 during trading on Monday, reaching $49.37. 1,000 shares of the company’s stock were exchanged, compared to its average volume of 84,701. First Trust Municipal High Income ETF has a twelve month low of $49.22 and a twelve month high of $57.76. The business has a fifty day moving average price of $51.88.

The firm also recently announced a monthly dividend, which will be paid on Friday, April 29th. Investors of record on Friday, April 22nd will be issued a dividend of $0.13 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date is Thursday, April 21st.

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Institutional Ownership by Quarter for First Trust Municipal High Income ETF (NASDAQ:FMHI)

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