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

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) announced a dividend on Friday, August 28th, NASDAQ Dividends reports. Stockholders of record on Friday, August 28th will be paid a dividend of 0.143 per share on Tuesday, September 1st. The ex-dividend date of this dividend is Friday, August 28th. This is a 2.9% increase from Fidelity Municipal Bond Opportunities ETF’s previous dividend of $0.14.

Fidelity Municipal Bond Opportunities ETF Price Performance

Shares of Fidelity Municipal Bond Opportunities ETF stock opened at $50.37 on Friday. The firm has a fifty day moving average price of $50.99 and a two-hundred day moving average price of $51.07. Fidelity Municipal Bond Opportunities ETF has a fifty-two week low of $49.80 and a fifty-two week high of $53.88.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of FMUB. Hicks Capital Management LLC increased its position in Fidelity Municipal Bond Opportunities ETF by 2.6% in the 4th quarter. Hicks Capital Management LLC now owns 10,401 shares of the company’s stock valued at $530,000 after acquiring an additional 265 shares in the last quarter. Aptus Capital Advisors LLC lifted its position in shares of Fidelity Municipal Bond Opportunities ETF by 3.2% during the fourth quarter. Aptus Capital Advisors LLC now owns 17,559 shares of the company’s stock worth $895,000 after purchasing an additional 537 shares in the last quarter. Landmark Wealth Management LLC lifted its position in shares of Fidelity Municipal Bond Opportunities ETF by 4.9% during the fourth quarter. Landmark Wealth Management LLC now owns 12,693 shares of the company’s stock worth $647,000 after purchasing an additional 596 shares in the last quarter. MCF Advisors LLC bought a new stake in shares of Fidelity Municipal Bond Opportunities ETF during the fourth quarter valued at approximately $45,000. Finally, Advisory Services Network LLC grew its stake in shares of Fidelity Municipal Bond Opportunities ETF by 5.6% during the fourth quarter. Advisory Services Network LLC now owns 23,216 shares of the company’s stock valued at $1,183,000 after purchasing an additional 1,239 shares during the last quarter.

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.