Accredited Wealth Management LLC Purchases Shares of 128,788 Fidelity Municipal Bond Opportunities ETF $FMUB

Accredited Wealth Management LLC acquired a new position in shares of Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 128,788 shares of the company’s stock, valued at approximately $6,550,000. Fidelity Municipal Bond Opportunities ETF accounts for approximately 5.4% of Accredited Wealth Management LLC’s portfolio, making the stock its 5th largest position. Accredited Wealth Management LLC owned approximately 4.95% of Fidelity Municipal Bond Opportunities ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC lifted its holdings in Fidelity Municipal Bond Opportunities ETF by 18.3% during the 3rd quarter. CWM LLC now owns 983,758 shares of the company’s stock worth $50,034,000 after purchasing an additional 152,100 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in Fidelity Municipal Bond Opportunities ETF in the 3rd quarter valued at $5,921,000. Jane Street Group LLC bought a new position in Fidelity Municipal Bond Opportunities ETF during the 2nd quarter worth $1,093,000. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity Municipal Bond Opportunities ETF by 554.5% during the third quarter. JPMorgan Chase & Co. now owns 18,052 shares of the company’s stock worth $918,000 after buying an additional 15,294 shares in the last quarter. Finally, Landmark Wealth Management LLC lifted its holdings in shares of Fidelity Municipal Bond Opportunities ETF by 32.5% during the third quarter. Landmark Wealth Management LLC now owns 12,097 shares of the company’s stock worth $615,000 after buying an additional 2,966 shares in the last quarter.

Fidelity Municipal Bond Opportunities ETF Stock Performance

FMUB stock opened at $51.71 on Friday. Fidelity Municipal Bond Opportunities ETF has a 52 week low of $47.81 and a 52 week high of $53.88. The company’s 50-day simple moving average is $51.25 and its 200 day simple moving average is $50.99.

Fidelity Municipal Bond Opportunities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, February 26th will be given a dividend of $0.131 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Thursday, February 26th.

Fidelity Municipal Bond Opportunities ETF 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.