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

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) announced a dividend on Thursday, January 29th, NASDAQ Dividends reports. Investors of record on Thursday, January 29th will be given a dividend of 0.139 per share on Monday, February 2nd. The ex-dividend date of this dividend is Thursday, January 29th. This is a 43.3% increase from Fidelity Municipal Bond Opportunities ETF’s previous dividend of $0.10.

Fidelity Municipal Bond Opportunities ETF Stock Performance

FMUB traded down $0.09 during trading on Thursday, reaching $51.08. 22,279 shares of the company were exchanged, compared to its average volume of 29,136. Fidelity Municipal Bond Opportunities ETF has a 12-month low of $47.81 and a 12-month high of $53.88. The company’s 50-day moving average is $51.10 and its two-hundred day moving average is $50.73.

Institutional Investors Weigh In On Fidelity Municipal Bond Opportunities ETF

A number of institutional investors and hedge funds have recently made changes to their positions in FMUB. CWM LLC raised its position in shares of Fidelity Municipal Bond Opportunities ETF by 3.8% during the 4th quarter. CWM LLC now owns 1,021,446 shares of the company’s stock valued at $52,053,000 after buying an additional 37,688 shares in the last quarter. Accredited Wealth Management LLC purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF during the third quarter worth about $6,550,000. Commonwealth Equity Services LLC purchased a new stake in Fidelity Municipal Bond Opportunities ETF in the 3rd quarter worth approximately $5,921,000. Jane Street Group LLC purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the 2nd quarter worth about $1,093,000. Finally, Advisory Services Network LLC bought a new stake in Fidelity Municipal Bond Opportunities ETF during the third quarter worth about $1,118,000.

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.