Hicks Capital Management LLC Purchases Shares of 10,136 Fidelity Municipal Bond Opportunities ETF $FMUB

Hicks Capital Management LLC acquired a new position in shares of Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,136 shares of the company’s stock, valued at approximately $516,000. Fidelity Municipal Bond Opportunities ETF accounts for about 0.8% of Hicks Capital Management LLC’s portfolio, making the stock its 23rd largest holding. Hicks Capital Management LLC owned approximately 0.39% of Fidelity Municipal Bond Opportunities ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in FMUB. JPMorgan Chase & Co. acquired a new position in Fidelity Municipal Bond Opportunities ETF in the second quarter worth about $137,000. Landmark Wealth Management LLC boosted its holdings in Fidelity Municipal Bond Opportunities ETF by 32.5% during the third quarter. Landmark Wealth Management LLC now owns 12,097 shares of the company’s stock valued at $615,000 after purchasing an additional 2,966 shares in the last quarter. Osaic Holdings Inc. bought a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the 2nd quarter valued at approximately $273,000. Avidian Wealth Enterprises LLC acquired a new position in shares of Fidelity Municipal Bond Opportunities ETF in the 3rd quarter worth approximately $610,000. Finally, Jane Street Group LLC bought a new position in shares of Fidelity Municipal Bond Opportunities ETF during the 2nd quarter worth approximately $1,093,000.

Fidelity Municipal Bond Opportunities ETF Stock Down 0.2%

Shares of FMUB stock opened at $51.08 on Friday. The stock’s fifty day simple moving average is $51.10 and its 200 day simple moving average is $50.74. Fidelity Municipal Bond Opportunities ETF has a one year low of $47.81 and a one year high of $53.88.

Fidelity Municipal Bond Opportunities ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 29th will be issued a $0.139 dividend. The ex-dividend date of this dividend is Thursday, January 29th. This is a positive change from Fidelity Municipal Bond Opportunities ETF’s previous dividend of $0.10.

Fidelity Municipal Bond Opportunities ETF 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.