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

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

Fidelity Municipal Bond Opportunities ETF Price Performance

Shares of NASDAQ:FMUB traded down $0.06 on Thursday, reaching $51.63. The company’s 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 stock’s 50-day moving average is $51.23 and its two-hundred day moving average is $50.98.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Hicks Capital Management LLC raised its stake in shares of Fidelity Municipal Bond Opportunities ETF by 2.6% during the fourth quarter. Hicks Capital Management LLC now owns 10,401 shares of the company’s stock worth $530,000 after purchasing an additional 265 shares during the last quarter. Aptus Capital Advisors LLC increased its stake in Fidelity Municipal Bond Opportunities ETF by 3.2% in the 4th quarter. Aptus Capital Advisors LLC now owns 17,559 shares of the company’s stock valued at $895,000 after buying an additional 537 shares during the period. Landmark Wealth Management LLC raised its position in Fidelity Municipal Bond Opportunities ETF by 4.9% during the 4th quarter. Landmark Wealth Management LLC now owns 12,693 shares of the company’s stock worth $647,000 after buying an additional 596 shares during the last quarter. MCF Advisors LLC purchased a new position in Fidelity Municipal Bond Opportunities ETF during the 4th quarter worth $45,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the fourth quarter valued at about $57,000.

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.