Fidelity Municipal Bond Opportunities ETF Declares Monthly Dividend of $0.15 (NASDAQ:FMUB)

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) declared a monthly dividend on Tuesday, December 30th, NASDAQ Dividends reports. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.146 per share on Friday, January 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Tuesday, December 30th.

Fidelity Municipal Bond Opportunities ETF Stock Performance

Shares of Fidelity Municipal Bond Opportunities ETF stock traded down $0.20 on Tuesday, hitting $50.90. 38,409 shares of the company’s stock traded hands, compared to its average volume of 14,275. Fidelity Municipal Bond Opportunities ETF has a 52-week low of $47.81 and a 52-week high of $53.88. The firm’s 50-day moving average is $51.14 and its 200 day moving average is $50.52.

Institutional Investors Weigh In On Fidelity Municipal Bond Opportunities ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. CWM LLC lifted its position in shares of Fidelity Municipal Bond Opportunities ETF by 18.3% during the third quarter. CWM LLC now owns 983,758 shares of the company’s stock worth $50,034,000 after purchasing an additional 152,100 shares during the last quarter. Accredited Wealth Management LLC acquired a new stake in Fidelity Municipal Bond Opportunities ETF during the third quarter valued at approximately $6,550,000. Commonwealth Equity Services LLC bought a new position in Fidelity Municipal Bond Opportunities ETF during the 3rd quarter worth approximately $5,921,000. Jane Street Group LLC acquired a new position in shares of Fidelity Municipal Bond Opportunities ETF in the 2nd quarter worth approximately $1,093,000. Finally, Advisory Services Network LLC acquired a new position in shares of Fidelity Municipal Bond Opportunities ETF in the 3rd quarter worth approximately $1,118,000.

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.