First United Bank & Trust Acquires Shares of 12,075 PGIM Municipal Income Opportunities ETF $PMIO

First United Bank & Trust acquired a new stake in shares of PGIM Municipal Income Opportunities ETF (NYSEARCA:PMIO) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 12,075 shares of the company’s stock, valued at approximately $616,000. First United Bank & Trust owned approximately 1.73% of PGIM Municipal Income Opportunities ETF as of its most recent filing with the SEC.

PGIM Municipal Income Opportunities ETF Price Performance

Shares of PMIO opened at $50.65 on Tuesday. The business’s 50 day moving average price is $51.23 and its 200-day moving average price is $51.14. PGIM Municipal Income Opportunities ETF has a 52 week low of $48.80 and a 52 week high of $52.12.

PGIM Municipal Income Opportunities ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1527 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%.

About PGIM Municipal Income Opportunities ETF

The PGIM Municipal Income Opportunities ETF (PMIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund combines a top-down and bottom-up proprietary research to create a portfolio of investment grade, tax-exempt US municipal bonds. The fund aims to maintain a weighted average portfolio duration of two to eight years. PMIO was launched on Jun 14, 2024 and is issued by PGIM.