First Trust Managed Municipal ETF (NASDAQ:FMB) Reaches New 1-Year High – Should You Buy?

Posted by Sarita Garza on Feb 25th, 2026

First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $51.91 and last traded at $51.9050, with a volume of 53372 shares traded. The stock had previously closed at $51.87.

First Trust Managed Municipal ETF Price Performance

The stock has a 50 day moving average of $51.42 and a 200 day moving average of $50.99.

First Trust Managed Municipal ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be paid a $0.155 dividend. This is an increase from First Trust Managed Municipal ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Friday, February 20th.

Institutional Investors Weigh In On First Trust Managed Municipal ETF

A number of hedge funds have recently made changes to their positions in the business. Total Investment Management Inc. bought a new position in shares of First Trust Managed Municipal ETF during the 2nd quarter valued at $27,000. Evolution Wealth Management Inc. purchased a new stake in First Trust Managed Municipal ETF during the second quarter valued at about $27,000. Ameriflex Group Inc. bought a new position in shares of First Trust Managed Municipal ETF during the third quarter valued at about $40,000. Hazlett Burt & Watson Inc. purchased a new position in shares of First Trust Managed Municipal ETF in the third quarter worth about $45,000. Finally, PNC Financial Services Group Inc. purchased a new position in shares of First Trust Managed Municipal ETF in the third quarter worth about $51,000.

First Trust Managed Municipal ETF Company Profile

(Get Free Report)

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.