Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) Declares Monthly Dividend of $0.14

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) announced a monthly dividend on Thursday, July 30th, NASDAQ Dividends reports. Stockholders of record on Thursday, July 30th will be given a dividend of 0.142 per share on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, July 30th.

Fidelity Municipal Bond Opportunities ETF Stock Performance

Shares of FMUB traded down $0.28 during midday trading on Thursday, reaching $50.53. The stock had a trading volume of 40,849 shares, compared to its average volume of 33,938. Fidelity Municipal Bond Opportunities ETF has a one year low of $49.59 and a one year high of $53.88. The firm has a 50 day simple moving average of $51.17 and a 200-day simple moving average of $51.14.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FMUB. Hicks Capital Management LLC raised its stake in Fidelity Municipal Bond Opportunities ETF by 2.6% in the fourth quarter. Hicks Capital Management LLC now owns 10,401 shares of the company’s stock valued at $530,000 after purchasing an additional 265 shares in the last quarter. Aptus Capital Advisors LLC lifted its holdings in shares of Fidelity Municipal Bond Opportunities ETF by 3.2% during the fourth quarter. Aptus Capital Advisors LLC now owns 17,559 shares of the company’s stock worth $895,000 after purchasing an additional 537 shares during the period. Landmark Wealth Management LLC grew its position in shares of Fidelity Municipal Bond Opportunities ETF by 4.9% in the 4th quarter. Landmark Wealth Management LLC now owns 12,693 shares of the company’s stock valued at $647,000 after buying an additional 596 shares during the last quarter. MCF Advisors LLC bought a new stake in Fidelity Municipal Bond Opportunities ETF in the fourth quarter valued at approximately $45,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Fidelity Municipal Bond Opportunities ETF during the fourth quarter worth $57,000.

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.