TrueWealth Exits $12.8 Million Position in First Trust Managed Municipal ETF

According to a recent SEC filing, TrueWealth Financial Partners sold its entire stake of 248,749 shares in the First Trust Managed Municipal ETF (FMB) during Q1 2026 for an estimated $12.8 million. The move comes as part of routine portfolio rebalancing and does not necessarily indicate a negative outlook on municipal bonds.

By Andy Gould · Motley Fool · May 24, 2026, 11:51 UTC

TrueWealth Exits $12.8 Million Position in First Trust Managed Municipal ETF

Tickers: $FMB

Topics: ETF municipal bonds portfolio rebalancing

Read the full article at Motley Fool

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