TrueWealth Financial Buys $12 Million of First Trust Managed Municipal ETF

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. What happened 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 r ...