Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) Increases Dividend to $0.14 Per Share

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) declared a monthly dividend on Wednesday, April 29th, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 29th will be given a dividend of 0.141 per share on Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, April 29th. This is a 7.6% increase from Fidelity Municipal Bond Opportunities ETF’s previous monthly dividend of $0.13.

Fidelity Municipal Bond Opportunities ETF Stock Performance

NASDAQ:FMUB opened at $50.96 on Thursday. Fidelity Municipal Bond Opportunities ETF has a twelve month low of $48.96 and a twelve month high of $53.88. The company has a fifty day moving average of $51.10 and a 200-day moving average of $51.15.

Hedge Funds Weigh In On Fidelity Municipal Bond Opportunities ETF

A number of large investors have recently modified their holdings of the company. IHT Wealth Management LLC bought a new stake in Fidelity Municipal Bond Opportunities ETF during the 4th quarter valued at $328,000. Osaic Holdings Inc. increased its position in shares of Fidelity Municipal Bond Opportunities ETF by 75.1% during the fourth quarter. Osaic Holdings Inc. now owns 14,928 shares of the company’s stock worth $761,000 after acquiring an additional 6,403 shares in the last quarter. Advisory Services Network LLC raised its holdings in shares of Fidelity Municipal Bond Opportunities ETF by 5.6% in the 4th quarter. Advisory Services Network LLC now owns 23,216 shares of the company’s stock worth $1,183,000 after acquiring an additional 1,239 shares during the last quarter. Mariner LLC acquired a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the 4th quarter worth about $336,000. Finally, Aptus Capital Advisors LLC lifted its position 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 acquiring an additional 537 shares in the last quarter.

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.