Investment Advisor Increases Holdings in Municipal Bond ETF: Is It Time for Retail Investors to Join In?
Frisch Financial Group's Investment: On November 7, 2025, Frisch Financial Group, Inc. reported a 75,648 share increase in its holdings of the First Trust Managed Municipal ETF (FMB), raising its total position to 288,013 shares valued at $14.60 million.
Performance and Comparison: As of November 7, 2025, FMB shares were priced at $51.23, showing a 3.9% increase over the previous year but underperforming the S&P 500 by 9.04 percentage points; it has a dividend yield of 3.4%.
Investment Characteristics: FMB is a tax-exempt municipal bond ETF that aims to provide stable income and capital preservation, making it suitable for income-seeking investors, although it has a higher expense ratio compared to competitors like Vanguard Tax-Exempt Bond ETF (VTEB).
Investor Considerations: Given the similar yields and performance history of FMB and VTEB, investors may prefer VTEB due to its significantly lower expense ratio of 0.03% compared to FMB's 0.65%.
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Investment Advisor Increases Holdings in Municipal Bond ETF: Is It Time for Retail Investors to Join In?
Frisch Financial Group's Investment: Frisch Financial Group, Inc. increased its stake in the First Trust Managed Municipal ETF (FMB) by 75,648 shares, valued at approximately $4.02 million, bringing its total holdings to 288,013 shares worth $14.60 million as of September 30, 2025.
FMB's Market Position: FMB now constitutes about 3.4% of Frisch Financial Group's 13F assets under management, although it remains outside the fund's top five holdings.
ETF Characteristics: The First Trust Managed Municipal ETF is a tax-exempt municipal bond ETF with a market cap of $1.89 billion, offering a competitive dividend yield of 3.4% and focusing on credit quality and capital preservation.
Comparison with Competitors: While FMB has a higher expense ratio of 0.65% compared to Vanguard's Tax-Exempt Bond ETF (VTEB) at 0.03%, both funds have shown similar performance over the past five years, suggesting that income-oriented investors may prefer VTEB for its lower fees.
First Trust Managed Municipal (FMB) Shares Cross Below 200 DMA
FMB Stock Performance: FMB's stock has a 52-week low of $48.10 and a high of $52.13, with the last trade recorded at $51.35.
Market Analysis Disclaimer: The opinions expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
First Trust Managed Municipal Getting Very Oversold
RSI Analysis: First Trust Managed Municipal (FMB) has an RSI reading of 27.8, indicating potential exhaustion from heavy selling, compared to the S&P 500's 64.7.
Stock Performance: FMB's shares are trading at $51.05, within a 52-week range of $48.08 to $52.13, and are down about 0.6% for the day.
Notable Two Hundred Day Moving Average Cross - FMB
- Financial Market Data: The chart shows that FMB's 52-week range is between $48.08 and $51.77 per share, with the last trade at $50.48.
- ETF Analysis: Mention of other ETFs crossing below their 200-day moving average.
- Disclaimer: The views expressed in the content are those of the author and may not represent Nasdaq, Inc.'s opinions.
First Trust Managed Municipal (FMB) Enters Oversold Territory
Investment Advisor Increases Holdings in Municipal Bond ETF: Is It Time for Retail Investors to Join In?
Frisch Financial Group's Investment: Frisch Financial Group, Inc. increased its stake in the First Trust Managed Municipal ETF (FMB) by 75,648 shares, valued at approximately $4.02 million, bringing its total holdings to 288,013 shares worth $14.60 million as of September 30, 2025.
FMB's Market Position: FMB now constitutes about 3.4% of Frisch Financial Group's 13F assets under management, although it remains outside the fund's top five holdings.
ETF Characteristics: The First Trust Managed Municipal ETF is a tax-exempt municipal bond ETF with a market cap of $1.89 billion, offering a competitive dividend yield of 3.4% and focusing on credit quality and capital preservation.
Comparison with Competitors: While FMB has a higher expense ratio of 0.65% compared to Vanguard's Tax-Exempt Bond ETF (VTEB) at 0.03%, both funds have shown similar performance over the past five years, suggesting that income-oriented investors may prefer VTEB for its lower fees.
First Trust Managed Municipal (FMB) Shares Cross Below 200 DMA
FMB Stock Performance: FMB's stock has a 52-week low of $48.10 and a high of $52.13, with the last trade recorded at $51.35.
Market Analysis Disclaimer: The opinions expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
First Trust Managed Municipal Getting Very Oversold
RSI Analysis: First Trust Managed Municipal (FMB) has an RSI reading of 27.8, indicating potential exhaustion from heavy selling, compared to the S&P 500's 64.7.
Stock Performance: FMB's shares are trading at $51.05, within a 52-week range of $48.08 to $52.13, and are down about 0.6% for the day.
Notable Two Hundred Day Moving Average Cross - FMB
- Financial Market Data: The chart shows that FMB's 52-week range is between $48.08 and $51.77 per share, with the last trade at $50.48.
- ETF Analysis: Mention of other ETFs crossing below their 200-day moving average.
- Disclaimer: The views expressed in the content are those of the author and may not represent Nasdaq, Inc.'s opinions.
First Trust Managed Municipal (FMB) Enters Oversold Territory
