43,572 Shares in Fidelity Systematic Municipal Bond Index ETF $FMUN Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC purchased a new position in shares of Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 43,572 shares of the company’s stock, valued at approximately $2,189,000. Global Retirement Partners LLC owned approximately 1.24% of Fidelity Systematic Municipal Bond Index ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advisory Services Network LLC acquired a new position in Fidelity Systematic Municipal Bond Index ETF during the 3rd quarter worth approximately $29,000. IFP Advisors Inc lifted its position in Fidelity Systematic Municipal Bond Index ETF by 50.9% during the 3rd quarter. IFP Advisors Inc now owns 1,569 shares of the company’s stock worth $78,000 after acquiring an additional 529 shares in the last quarter. Investment Advisory Group LLC acquired a new position in Fidelity Systematic Municipal Bond Index ETF during the 3rd quarter worth approximately $247,000. Global Wealth Management LLC acquired a new position in Fidelity Systematic Municipal Bond Index ETF during the 4th quarter worth approximately $293,000. Finally, Sigma Planning Corp acquired a new position in Fidelity Systematic Municipal Bond Index ETF during the 4th quarter worth approximately $346,000.

Fidelity Systematic Municipal Bond Index ETF Price Performance

Fidelity Systematic Municipal Bond Index ETF stock opened at $49.77 on Friday. The stock’s 50 day moving average price is $50.02 and its 200 day moving average price is $50.32. Fidelity Systematic Municipal Bond Index ETF has a one year low of $48.26 and a one year high of $51.25.

Fidelity Systematic Municipal Bond Index ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 1st. Investors of record on Wednesday, April 29th were given a dividend of $0.143 per share. This is a boost from Fidelity Systematic Municipal Bond Index ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Wednesday, April 29th. This represents a c) annualized dividend and a yield of 3.4%.

Fidelity Systematic Municipal Bond Index ETF 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.