First Trust Managed Municipal ETF (FMB) To Go Ex-Dividend on June 25th

First Trust Managed Municipal ETF (NASDAQ:FMB) declared a monthly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 25th will be paid a dividend of 0.157 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 0.6% increase from First Trust Managed Municipal ETF’s previous monthly dividend of $0.16.

First Trust Managed Municipal ETF Stock Performance

Shares of FMB stock opened at $51.30 on Friday. The company’s fifty day moving average price is $51.14 and its 200-day moving average price is $51.24. First Trust Managed Municipal ETF has a 12 month low of $49.28 and a 12 month high of $52.03.

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.