Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) to Issue Monthly Dividend of $0.16

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) announced a monthly dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be paid a dividend of $0.1570 per share on Thursday, October 1st. This represents a $1.88 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Tuesday, September 29th. This is a 9.8% increase from Fidelity Municipal Bond Opportunities ETF’s previous monthly dividend of $0.1430.

Fidelity Municipal Bond Opportunities ETF Price Performance

Shares of FMUB stock opened at $48.10 on Tuesday. Fidelity Municipal Bond Opportunities ETF has a 12-month low of $47.97 and a 12-month high of $53.88. The firm has a fifty day moving average of $50.18 and a 200-day moving average of $50.76.

Hedge Funds Weigh In On Fidelity Municipal Bond Opportunities ETF

Large investors have recently added to or reduced their stakes in the company. MCF Advisors LLC acquired a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the 4th quarter valued at about $45,000. IFP Advisors Inc acquired a new position in shares of Fidelity Municipal Bond Opportunities ETF during the second quarter worth about $103,000. Integrated Wealth Concepts LLC acquired a new position in shares of Fidelity Municipal Bond Opportunities ETF during the second quarter worth about $123,000. NewEdge Advisors LLC acquired a new position in shares of Fidelity Municipal Bond Opportunities ETF during the second quarter worth about $235,000. Finally, Cetera Investment Advisers bought a new position in shares of Fidelity Municipal Bond Opportunities ETF during the first quarter worth about $273,000.

Fidelity Municipal Bond Opportunities ETF Company 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.