Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) Raises Dividend to $0.12 Per Share

Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) announced a monthly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 0.1215 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 5.8%. The ex-dividend date is Tuesday, December 30th. This is a 31.4% increase from Rockefeller Opportunistic Municipal Bond ETF’s previous monthly dividend of $0.09.

Rockefeller Opportunistic Municipal Bond ETF Trading Up 0.2%

Shares of RMOP stock opened at $25.13 on Tuesday. The firm has a 50-day moving average of $25.15 and a 200-day moving average of $24.73. Rockefeller Opportunistic Municipal Bond ETF has a one year low of $23.30 and a one year high of $25.84.

Hedge Funds Weigh In On Rockefeller Opportunistic Municipal Bond ETF

A hedge fund recently raised its stake in Rockefeller Opportunistic Municipal Bond ETF stock. SouthState Bank Corp lifted its holdings in shares of Rockefeller Opportunistic Municipal Bond ETF (NYSEARCA:RMOP) by 4,427.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 350,871 shares of the company’s stock after acquiring an additional 343,121 shares during the quarter. SouthState Bank Corp owned 4.23% of Rockefeller Opportunistic Municipal Bond ETF worth $8,751,000 at the end of the most recent quarter.

About Rockefeller Opportunistic Municipal Bond ETF

The Rockefeller Opportunistic Municipal Bond ETF (RMOP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that broadly invests in US municipal bonds. Municipal bonds could be of any credit quality or maturity that are exempt from federal income taxes. RMOP was launched on Aug 12, 2024 and is issued by Rockefeller Capital Management.