Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) Increases Dividend to $0.15 Per Share

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) announced a monthly dividend on Monday, June 29th, NASDAQ Dividends reports. Stockholders of record on Monday, June 29th will be given a dividend of 0.152 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Monday, June 29th. This is a 14.3% increase from Fidelity Municipal Bond Opportunities ETF’s previous monthly dividend of $0.13.

Fidelity Municipal Bond Opportunities ETF Stock Down 0.1%

NASDAQ FMUB traded down $0.07 during trading hours on Monday, hitting $51.40. 27,305 shares of the company’s stock traded hands, compared to its average volume of 31,929. The firm’s 50-day moving average is $51.12 and its 200-day moving average is $51.12. Fidelity Municipal Bond Opportunities ETF has a 52-week low of $49.43 and a 52-week high of $53.88.

Institutional Investors Weigh In On Fidelity Municipal Bond Opportunities ETF

Several hedge funds and other institutional investors have recently bought and sold shares of FMUB. CWM LLC increased its holdings in shares of Fidelity Municipal Bond Opportunities ETF by 3.8% during the 4th quarter. CWM LLC now owns 1,021,446 shares of the company’s stock worth $52,053,000 after buying an additional 37,688 shares during the last quarter. Aptus Capital Advisors LLC purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the 3rd quarter valued at $866,000. Avidian Wealth Enterprises LLC increased its stake in Fidelity Municipal Bond Opportunities ETF by 158.3% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 31,000 shares of the company’s stock worth $1,580,000 after purchasing an additional 19,000 shares during the period. JPMorgan Chase & Co. increased its stake in Fidelity Municipal Bond Opportunities ETF by 554.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 18,052 shares of the company’s stock worth $918,000 after buying an additional 15,294 shares during the period. Finally, Concurrent Investment Advisors LLC purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF during the fourth quarter worth $853,000.

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.