First Trust Managed Municipal ETF (NASDAQ:FMB) Sets New 1-Year Low – What’s Next?

Posted by Danessa Lincoln on Sep 5th, 2026

First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) hit a new 52-week low on Thursday . The company traded as low as $49.65 and last traded at $49.69, with a volume of 186931 shares. The stock had previously closed at $49.71.

First Trust Managed Municipal ETF Stock Up 0.0%

The firm’s 50-day moving average is $50.61 and its two-hundred day moving average is $51.00.

First Trust Managed Municipal ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 21st were given a dividend of $0.158 per share. The ex-dividend date was Friday, August 21st. This is an increase from First Trust Managed Municipal ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

Hedge Funds Weigh In On First Trust Managed Municipal ETF

Several hedge funds have recently added to or reduced their stakes in FMB. Continuum Advisory LLC acquired a new position in First Trust Managed Municipal ETF during the 2nd quarter valued at about $29,000. Frazier Financial Advisors LLC bought a new stake in shares of First Trust Managed Municipal ETF during the first quarter worth approximately $31,000. PNC Financial Services Group Inc. acquired a new position in First Trust Managed Municipal ETF in the third quarter valued at approximately $51,000. Ascentis Independent Advisors bought a new position in First Trust Managed Municipal ETF in the first quarter valued at approximately $53,000. Finally, Tucker Asset Management LLC bought a new position in First Trust Managed Municipal ETF in the fourth quarter valued at approximately $54,000.

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.