First Trust Managed Municipal ETF (FMB) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $49.57 to $49.79
• 50-Day Range: $49.32 to $49.90
• 52-Week Range: $48.10 to $52.13
• Volume: 148,149 shs
• Average Volume: 213,648 shs
• Market Capitalization: $1.87 billion
• Assets Under Management: $1.85 billion
• Dividend Yield: 3.38%
• Net Expense Ratio: 0.65%
• Aggregate Rating: N/A

FMB ETF - Frequently Asked Questions

How have FMB shares performed this year?

First Trust Managed Municipal ETF's stock was trading at $51.01 on January 1st, 2025. Since then, FMB shares have decreased by 2.5% and is now trading at $49.7450.

Who are First Trust Managed Municipal ETF's major shareholders?

Top institutional investors of First Trust Managed Municipal ETF include Bank of America Corp DE (4.63%), Raymond James Financial Inc. (3.17%), CW Advisors LLC (1.25%) and NewEdge Advisors LLC (1.00%).

How do I buy shares of First Trust Managed Municipal ETF?

Shares of FMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First Trust Managed Municipal ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Managed Municipal ETF investors own include First Trust Senior Loan ETF (FTSL), Southern (SO), UnitedHealth Group (UNH), WPP (WPP), WisdomTree U.S. Quality Dividend Growth Fund (DGRW), First Trust TCW Opportunistic Fixed Income ETF (FIXD) and PepsiCo (PEP).

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Managed Municipal ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:FMB
• Inception Date: 5/13/2014
• Fund Manager: Tom Futrell, Johnathan Wilhelm
• Web: N/A
• Phone: 14089961010

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Municipals
• Focus: Broad Municipals
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 1221

Fund Statistics

• Assets Under Management: $1.86 billion
• Average Daily Volume: $175.51 thousand
• Discount/Premium: -0.05%

Administrator, Advisor and Custodian

• Administrator: Brown Brothers Harriman & Co.
• Advisor: First Trust Advisors L.P.
• Custodian: Brown Brothers Harriman & Co.
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: Brown Brothers Harriman & Co.
• Trustee: N/A
• Lead Market Maker: Susquehanna

Options

• Optionable: N/A
• Short Interest: 10,500 shs

Miscellaneous

• Outstanding Shares: 37,550,000
• Beta: 0.14
• Creation Unit: 50,000
• Creation Fee: $500.00