Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) Trading Up 0.3% After Dividend Announcement

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUBGet Free Report) traded up 0.3% during trading on Wednesday after the company announced a dividend. The stock traded as high as $49.61 and last traded at $49.59. 6,301 shares changed hands during mid-day trading, an increase of 48% from the average session volume of 4,244 shares. The stock had previously closed at $49.43.

The newly announced dividend which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 29th were given a $0.106 dividend. The ex-dividend date of this dividend was Tuesday, April 29th. This represents a $1.27 annualized dividend and a dividend yield of 2.57%.

Fidelity Municipal Bond Opportunities ETF Stock Performance

Fidelity Municipal Bond Opportunities ETF Company Profile

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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.

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