155,136 Fidelity Municipal Bond Opportunities ETF $FMUB Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC grew its stake in Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) by 1,090.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 169,364 shares of the company’s stock after purchasing an additional 155,136 shares during the period. Kestra Advisory Services LLC’s holdings in Fidelity Municipal Bond Opportunities ETF were worth $8,196,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Equity Services LLC acquired a new stake in shares of Fidelity Municipal Bond Opportunities ETF during the 3rd quarter worth approximately $27,068,000. Summit Wealth Group LLC Co. purchased a new position in shares of Fidelity Municipal Bond Opportunities ETF during the 3rd quarter valued at approximately $1,015,000. Physician Wealth Advisors Inc. lifted its stake in shares of Fidelity Municipal Bond Opportunities ETF by 387.4% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 29,671 shares of the company’s stock valued at $1,431,000 after purchasing an additional 23,584 shares during the period. Lineweaver Wealth Advisors LLC acquired a new position in shares of Fidelity Municipal Bond Opportunities ETF in the 3rd quarter valued at $1,429,000. Finally, Avidian Wealth Enterprises LLC acquired a new position in shares of Fidelity Municipal Bond Opportunities ETF in the 3rd quarter valued at $1,241,000.

Fidelity Municipal Bond Opportunities ETF Price Performance

Shares of NASDAQ FMUB opened at $50.48 on Wednesday. Fidelity Municipal Bond Opportunities ETF has a 1 year low of $47.75 and a 1 year high of $52.24. The company’s fifty day moving average price is $49.32 and its 200 day moving average price is $50.63.

Fidelity Municipal Bond Opportunities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, November 2nd. Shareholders of record on Thursday, October 29th were given a $0.1210 dividend. This represents a $1.45 dividend on an annualized basis and a dividend yield of 2.9%. This is a decrease from Fidelity Municipal Bond Opportunities ETF’s previous monthly dividend of $0.1570. The ex-dividend date was Thursday, October 29th.

Fidelity Municipal Bond Opportunities ETF Company Profile

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.