Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) Declares $0.14 Dividend

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) announced a dividend on Thursday, July 30th, NASDAQ Dividends reports. Investors of record on Thursday, July 30th will be given a dividend of 0.136 per share on Monday, August 3rd. The ex-dividend date of this dividend is Thursday, July 30th.

Fidelity Systematic Municipal Bond Index ETF Trading Down 0.5%

Fidelity Systematic Municipal Bond Index ETF stock traded down $0.24 during mid-day trading on Thursday, reaching $49.39. 16,662 shares of the company traded hands, compared to its average volume of 11,996. Fidelity Systematic Municipal Bond Index ETF has a fifty-two week low of $48.35 and a fifty-two week high of $51.25. The firm’s fifty day moving average is $50.20 and its two-hundred day moving average is $50.30.

Hedge Funds Weigh In On Fidelity Systematic Municipal Bond Index ETF

Several institutional investors and hedge funds have recently modified their holdings of FMUN. Jane Street Group LLC purchased a new stake in Fidelity Systematic Municipal Bond Index ETF during the second quarter worth $6,639,000. Global Retirement Partners LLC purchased a new stake in shares of Fidelity Systematic Municipal Bond Index ETF in the fourth quarter valued at approximately $2,189,000. Financial Planning Fort Collins LLC acquired a new position in shares of Fidelity Systematic Municipal Bond Index ETF during the 4th quarter worth approximately $1,733,000. Mars Jewett Financial Group Inc. acquired a new position in Fidelity Systematic Municipal Bond Index ETF during the fourth quarter worth $653,000. Finally, Sigma Planning Corp acquired a new position in shares of Fidelity Systematic Municipal Bond Index ETF during the 4th quarter worth about $346,000.

Fidelity Systematic Municipal Bond Index ETF Company Profile

The Fidelity Systematic Municipal Bond Index ETF aims to provide a high current yield exempt from federal income tax by investing at least 80% of its assets in municipal securities included in the Fidelity Systematic U.S. Municipal Bond Index.