TrueWealth Financial Buys $12 Million of First Trust Managed Municipal ETF
2026-02-19 14:14:40 ET
On February 04, 2026, TrueWealth Financial Partners disclosed a new position in First Trust Managed Municipal ETF (NASDAQ:FMB) , making it one of the firm’s top holdings as reported in its 13F for the fourth quarter.
According to a SEC filing dated February 04, 2026, TrueWealth Financial Partners purchased 248,749 shares. The estimated transaction value, based on the average trading pricing during the quarter, was $12.7 million. This made FMB a top position in the fund, representing 11% of reported assets under management (AUM).
First Trust Managed Municipal ETF (FMB) is a municipal bond ETF with a net asset value of $1.9 billion, offering investors tax-exempt income through exposure to a diversified portfolio of municipal debt securities. First Trust Managed Municipal ETF (FMB) provides a 3.36% dividend yield and offers tax-advantaged income in a liquid, exchange-traded format.
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