29,636 Shares in Fidelity Municipal Bond Opportunities ETF $FMUB Acquired by Lineweaver Wealth Advisors LLC

Lineweaver Wealth Advisors LLC acquired a new position in Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) in the third quarter, HoldingsChannel reports. The firm acquired 29,636 shares of the company’s stock, valued at approximately $1,429,000.

Other institutional investors also recently made changes to their positions in the company. Roxbury Financial LLC boosted its stake in shares of Fidelity Municipal Bond Opportunities ETF by 101.0% in the 3rd quarter. Roxbury Financial LLC now owns 603 shares of the company’s stock valued at $29,000 after purchasing an additional 303 shares in the last quarter. MCF Advisors LLC increased its holdings 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. IFP Advisors Inc purchased a new stake in Fidelity Municipal Bond Opportunities ETF in the 2nd quarter worth approximately $103,000. Integrated Wealth Concepts LLC bought a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the 2nd quarter worth approximately $123,000. Finally, NewEdge Advisors LLC bought a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the 2nd quarter worth approximately $235,000.

Fidelity Municipal Bond Opportunities ETF Price Performance

Shares of FMUB traded up $0.18 during mid-day trading on Tuesday, hitting $48.81. 267,378 shares of the company’s stock traded hands, compared to its average volume of 48,857. Fidelity Municipal Bond Opportunities ETF has a 1 year low of $47.75 and a 1 year high of $53.88. The business’s 50-day moving average price is $49.71 and its 200-day moving average price is $50.58.

Fidelity Municipal Bond Opportunities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 1st. Investors of record on Tuesday, September 29th were paid a $0.1570 dividend. The ex-dividend date of this dividend 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 dividend on an annualized basis and a yield of 3.9%.

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.