Fidelity Municipal Bond Opportunities ETF $FMUB Shares Newly Bought by Crosspoint Financial LLC

Crosspoint Financial LLC acquired a new position in Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) in the 3rd quarter, HoldingsChannel reports. The fund acquired 20,563 shares of the company’s stock, valued at approximately $992,000. Fidelity Municipal Bond Opportunities ETF accounts for about 2.0% of Crosspoint Financial LLC’s holdings, making the stock its 15th biggest position.

Other large investors have also modified their holdings of the company. Roxbury Financial LLC grew its stake in shares of Fidelity Municipal Bond Opportunities ETF by 101.0% during the third quarter. Roxbury Financial LLC now owns 603 shares of the company’s stock valued at $29,000 after buying an additional 303 shares during the last quarter. MCF Advisors LLC raised its holdings in shares of Fidelity Municipal Bond Opportunities ETF by 45.5% in the second quarter. MCF Advisors LLC now owns 1,280 shares of the company’s stock worth $66,000 after buying an additional 400 shares during the period. IFP Advisors Inc purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the second quarter worth approximately $103,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF in the second quarter worth approximately $123,000. Finally, Kestra Advisory Services LLC lifted its stake in shares of Fidelity Municipal Bond Opportunities ETF by 38.2% during the 1st quarter. Kestra Advisory Services LLC now owns 13,376 shares of the company’s stock worth $677,000 after acquiring an additional 3,700 shares during the last quarter.

Fidelity Municipal Bond Opportunities ETF Price Performance

Shares of FMUB stock opened at $50.56 on Monday. Fidelity Municipal Bond Opportunities ETF has a 52-week low of $47.75 and a 52-week high of $52.24. The stock has a 50 day moving average price of $49.31 and a 200 day moving average price of $50.63.

Fidelity Municipal Bond Opportunities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 2nd. Shareholders of record on Thursday, October 29th were paid a $0.1210 dividend. The ex-dividend date was Thursday, October 29th. This is a negative change from Fidelity Municipal Bond Opportunities ETF’s previous monthly dividend of $0.1570. This represents a $1.45 dividend on an annualized basis and a yield of 2.9%.

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.