Creekmur Asset Management LLC Purchases New Position in First Trust Municipal High Income ETF
Are you looking to invest in municipal bonds but not sure where to start? Look no further than the First Trust Municipal High Income ETF (FMHI). This exchange-traded fund, launched in 2017, is actively managed and primarily invests in investment grade fixed income, specifically US municipal bonds.
Recently, Creekmur Asset Management LLC purchased a new position in FMHI, adding to the growing list of hedge funds investing in this ETF. Wells Fargo & Company MN, International Assets Investment Management LLC, Principle Wealth Partners LLC, Crumly & Associates Inc., and UBS Group AG are just a few of the other hedge funds that have made changes to their positions in FMHI.
The stock performance of FMHI has been strong, with a 12 month low of $43.88 and a 12 month high of $48.62. Additionally, the company recently announced a monthly dividend, providing shareholders with a 3.93% yield.
If you’re interested in learning more about what other hedge funds are holding FMHI, visit HoldingsChannel.com for the latest 13F filings and insider trades. Stay informed and consider adding First Trust Municipal High Income ETF to your investment portfolio for potential growth and income opportunities.