Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN – Get Free Report) shares rose 0.2% on Wednesday after the company announced a dividend. The stock traded as high as $48.84 and last traded at $48.75. Approximately 13,166 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 14,342 shares. The stock had previously closed at $48.67.
The newly announced dividend which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 29th were issued a dividend of $0.105 per share. The ex-dividend date was Tuesday, April 29th. This represents a $1.26 annualized dividend and a yield of 2.59%.
Fidelity Systematic Municipal Bond Index ETF Stock Performance
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.
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