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

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) announced a monthly dividend on Thursday, February 26th, NASDAQ Dividends reports. Investors of record on Thursday, February 26th will be paid a dividend of 0.131 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, February 26th.

Fidelity Municipal Bond Opportunities ETF Stock Down 0.1%

Fidelity Municipal Bond Opportunities ETF stock traded down $0.06 during trading on Thursday, reaching $51.63. The stock had a trading volume of 13,018 shares, compared to its average volume of 23,137. Fidelity Municipal Bond Opportunities ETF has a 52-week low of $47.81 and a 52-week high of $53.88. The business has a 50 day moving average price of $51.23 and a 200 day moving average price of $50.98.

Hedge Funds Weigh In On Fidelity Municipal Bond Opportunities ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Commonwealth Equity Services LLC purchased a new position in shares of Fidelity Municipal Bond Opportunities ETF in the 3rd quarter valued at about $5,921,000. CWM LLC boosted its holdings in Fidelity Municipal Bond Opportunities ETF by 18.3% in the third quarter. CWM LLC now owns 983,758 shares of the company’s stock valued at $50,034,000 after purchasing an additional 152,100 shares in the last quarter. Avidian Wealth Enterprises LLC purchased a new position in Fidelity Municipal Bond Opportunities ETF in the third quarter valued at approximately $610,000. Hicks Capital Management LLC purchased a new position in Fidelity Municipal Bond Opportunities ETF in the third quarter valued at approximately $516,000. Finally, Osaic Holdings Inc. raised its holdings in Fidelity Municipal Bond Opportunities ETF by 75.1% during the fourth quarter. Osaic Holdings Inc. now owns 14,928 shares of the company’s stock worth $761,000 after purchasing an additional 6,403 shares in the last quarter.

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.