Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) Declares Dividend of $0.13

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) announced a dividend on Thursday, May 28th, NASDAQ Dividends reports. Investors of record on Thursday, May 28th will be paid a dividend of 0.134 per share on Monday, June 1st. The ex-dividend date is Thursday, May 28th.

Fidelity Systematic Municipal Bond Index ETF Price Performance

Shares of NASDAQ FMUN opened at $50.13 on Thursday. The business’s 50 day moving average is $49.99 and its two-hundred day moving average is $50.31. Fidelity Systematic Municipal Bond Index ETF has a 1-year low of $48.26 and a 1-year high of $51.25.

Institutional Investors Weigh In On Fidelity Systematic Municipal Bond Index ETF

Large investors have recently added to or reduced their stakes in the stock. Embree Financial Group bought a new stake in Fidelity Systematic Municipal Bond Index ETF during the fourth quarter worth approximately $559,000. Global Retirement Partners LLC bought a new position in Fidelity Systematic Municipal Bond Index ETF during the fourth quarter valued at $2,189,000. Quantinno Capital Management LP bought a new position in Fidelity Systematic Municipal Bond Index ETF during the first quarter valued at $254,000. Financial Planning Fort Collins LLC bought a new position in Fidelity Systematic Municipal Bond Index ETF during the fourth quarter valued at $1,733,000. Finally, Mars Jewett Financial Group Inc. bought a new position in Fidelity Systematic Municipal Bond Index ETF during the fourth quarter valued at $653,000.

About Fidelity Systematic Municipal Bond Index ETF

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.