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

Fidelity Municipal Bond Opportunities ETF (NASDAQ:FMUBGet Free Report)’s stock price traded up 0.3% during trading on Wednesday after the company announced a dividend. The company 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 will be paid a dividend of $0.106 per share. This represents a $1.27 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date of this dividend is Tuesday, April 29th.

Fidelity Municipal Bond Opportunities ETF Stock Performance

Fidelity Municipal Bond Opportunities ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Fidelity Municipal Bond Opportunities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Municipal Bond Opportunities ETF and related companies with MarketBeat.com's FREE daily email newsletter.