Gainline Financial Partners LLC Invests $695,000 in Fidelity Municipal Bond Opportunities ETF $FMUB

Gainline Financial Partners LLC acquired a new stake in Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,514 shares of the company’s stock, valued at approximately $695,000. Fidelity Municipal Bond Opportunities ETF accounts for about 0.6% of Gainline Financial Partners LLC’s investment portfolio, making the stock its 26th largest holding. Gainline Financial Partners LLC owned about 0.28% of Fidelity Municipal Bond Opportunities ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. MCF Advisors LLC acquired a new position in Fidelity Municipal Bond Opportunities ETF during the 4th quarter worth approximately $45,000. JPMorgan Chase & Co. purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF during the 2nd quarter worth $137,000. HRT Financial LP purchased a new stake in Fidelity Municipal Bond Opportunities ETF during the fourth quarter worth about $250,000. Sigma Planning Corp acquired a new position in Fidelity Municipal Bond Opportunities ETF during the fourth quarter worth about $274,000. Finally, Cetera Investment Advisers acquired a new position in Fidelity Municipal Bond Opportunities ETF during the first quarter worth about $273,000.

Fidelity Municipal Bond Opportunities ETF Trading Up 0.1%

FMUB stock opened at $50.04 on Friday. The firm has a 50 day moving average of $50.82 and a 200-day moving average of $51.01. Fidelity Municipal Bond Opportunities ETF has a 12-month low of $49.75 and a 12-month high of $53.88.

Fidelity Municipal Bond Opportunities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Friday, August 28th were given a dividend of $0.143 per share. The ex-dividend date was Friday, August 28th. This is a positive change from Fidelity Municipal Bond Opportunities ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a yield of 3.4%.

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.