Aptus Capital Advisors LLC Invests $866,000 in Fidelity Municipal Bond Opportunities ETF $FMUB

Aptus Capital Advisors LLC purchased a new position in Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,022 shares of the company’s stock, valued at approximately $866,000. Aptus Capital Advisors LLC owned about 0.65% of Fidelity Municipal Bond Opportunities ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FMUB. CWM LLC grew its stake in shares of Fidelity Municipal Bond Opportunities ETF by 18.3% in the third quarter. CWM LLC now owns 983,758 shares of the company’s stock worth $50,034,000 after acquiring an additional 152,100 shares during the last quarter. Accredited Wealth Management LLC purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF during the third quarter valued at approximately $6,550,000. Commonwealth Equity Services LLC purchased a new stake in shares of Fidelity Municipal Bond Opportunities ETF during the third quarter valued at approximately $5,921,000. Jane Street Group LLC bought a new stake in shares of Fidelity Municipal Bond Opportunities ETF during the second quarter valued at approximately $1,093,000. Finally, JPMorgan Chase & Co. increased its position 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 valued at $918,000 after acquiring an additional 15,294 shares in the last quarter.

Fidelity Municipal Bond Opportunities ETF Stock Up 0.2%

FMUB stock opened at $51.37 on Tuesday. The stock’s 50 day simple moving average is $51.29 and its 200 day simple moving average is $51.07. Fidelity Municipal Bond Opportunities ETF has a 12-month low of $47.81 and a 12-month high of $53.88.

Fidelity Municipal Bond Opportunities ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were paid a $0.131 dividend. The ex-dividend date was Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 3.1%.

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.