Fidelity Municipal Bond Opportunities ETF Declares Monthly Dividend of $0.13 (NASDAQ:FMUB)

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) announced a monthly dividend on Thursday, May 28th, NASDAQ Dividends reports. Stockholders of record on Thursday, May 28th will be paid a dividend of 0.133 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Thursday, May 28th.

Fidelity Municipal Bond Opportunities ETF Price Performance

Shares of FMUB opened at $51.04 on Friday. Fidelity Municipal Bond Opportunities ETF has a twelve month low of $49.14 and a twelve month high of $53.88. The company’s fifty day simple moving average is $50.92 and its 200-day simple moving average is $51.10.

Institutional Investors Weigh In On Fidelity Municipal Bond Opportunities ETF

Several hedge funds and other institutional investors have recently made changes to their positions in FMUB. MCF Advisors LLC purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the fourth quarter valued at $45,000. Flagship Harbor Advisors LLC purchased a new position in Fidelity Municipal Bond Opportunities ETF in the 4th quarter worth about $57,000. JPMorgan Chase & Co. purchased a new position in Fidelity Municipal Bond Opportunities ETF in the 2nd quarter worth about $137,000. HRT Financial LP purchased a new position in Fidelity Municipal Bond Opportunities ETF in the 4th quarter worth about $250,000. Finally, Cetera Investment Advisers purchased a new position in Fidelity Municipal Bond Opportunities ETF in the 1st quarter worth about $273,000.

About Fidelity Municipal Bond Opportunities ETF

The Fidelity Municipal Bond Opportunities ETF seeks to provide a high current yield exempt from federal income tax, with growth of capital as a secondary objective. The ETF normally invests at least 80% of its assets in municipal securities whose interest is exempt from federal income tax.