Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) Trading 0% Higher – What’s Next?

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) shares traded up 0% on Wednesday . The stock traded as high as $50.66 and last traded at $50.58. 17,199 shares changed hands during trading, an increase of 10% from the average session volume of 15,617 shares. The stock had previously closed at $50.57.

Fidelity Systematic Municipal Bond Index ETF Price Performance

The business’s 50-day moving average is $50.35 and its two-hundred day moving average is $49.79.

Fidelity Systematic Municipal Bond Index ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, January 2nd. Stockholders of record on Tuesday, December 30th were paid a dividend of $0.14 per share. The ex-dividend date was Tuesday, December 30th.

Institutional Investors Weigh In On Fidelity Systematic Municipal Bond Index ETF

Institutional investors and hedge funds have recently modified their holdings of the company. IFP Advisors Inc lifted its position in shares of Fidelity Systematic Municipal Bond Index ETF by 50.9% in the third quarter. IFP Advisors Inc now owns 1,569 shares of the company’s stock valued at $78,000 after buying an additional 529 shares during the last quarter. Advisory Services Network LLC bought a new stake in Fidelity Systematic Municipal Bond Index ETF in the 3rd quarter valued at $29,000. Avidian Wealth Enterprises LLC raised its stake in Fidelity Systematic Municipal Bond Index ETF by 5.2% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 12,411 shares of the company’s stock valued at $618,000 after acquiring an additional 613 shares during the period. Investment Advisory Group LLC acquired a new stake in Fidelity Systematic Municipal Bond Index ETF during the 3rd quarter valued at $247,000. Finally, Global Wealth Management LLC bought a new position in Fidelity Systematic Municipal Bond Index ETF during the fourth quarter worth $293,000.

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.