Fidelity Municipal Bond Opportunities ETF $FMUB Shares Acquired by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. raised its stake in Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) by 387.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 29,671 shares of the company’s stock after buying an additional 23,584 shares during the period. Physician Wealth Advisors Inc. owned about 0.52% of Fidelity Municipal Bond Opportunities ETF worth $1,431,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Lineweaver Wealth Advisors LLC bought a new position in shares of Fidelity Municipal Bond Opportunities ETF during the third quarter worth about $1,429,000. Avidian Wealth Enterprises LLC bought a new stake in Fidelity Municipal Bond Opportunities ETF in the third quarter valued at approximately $1,241,000. Roxbury Financial LLC boosted its holdings in Fidelity Municipal Bond Opportunities ETF by 101.0% in the third quarter. Roxbury Financial LLC now owns 603 shares of the company’s stock valued at $29,000 after acquiring an additional 303 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Fidelity Municipal Bond Opportunities ETF by 43.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 18,126 shares of the company’s stock valued at $932,000 after purchasing an additional 5,452 shares during the period. Finally, MCF Advisors LLC increased its position in Fidelity Municipal Bond Opportunities ETF by 45.5% during the 2nd quarter. MCF Advisors LLC now owns 1,280 shares of the company’s stock valued at $66,000 after purchasing an additional 400 shares during the period.

Fidelity Municipal Bond Opportunities ETF Stock Performance

Shares of NASDAQ FMUB opened at $49.11 on Wednesday. The company’s 50 day moving average price is $49.49 and its 200-day moving average price is $50.51. Fidelity Municipal Bond Opportunities ETF has a 52-week low of $47.75 and a 52-week high of $53.88.

Fidelity Municipal Bond Opportunities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 1st. Investors of record on Tuesday, September 29th were issued a $0.1570 dividend. The ex-dividend date was Tuesday, September 29th. This is a positive change from Fidelity Municipal Bond Opportunities ETF’s previous monthly dividend of $0.1430. This represents a $1.88 annualized dividend and a yield of 3.8%.

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.