Embree Financial Group Buys New Position in Fidelity Systematic Municipal Bond Index ETF $FMUN

Embree Financial Group bought a new position in shares of Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 11,125 shares of the company’s stock, valued at approximately $559,000. Embree Financial Group owned 0.33% of Fidelity Systematic Municipal Bond Index ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Osaic Holdings Inc. acquired a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter worth approximately $1,748,000. Jane Street Group LLC bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter worth approximately $6,639,000. Advisory Services Network LLC acquired a new stake in Fidelity Systematic Municipal Bond Index ETF during the third quarter valued at approximately $29,000. IFP Advisors Inc boosted its holdings in Fidelity Systematic Municipal Bond Index ETF by 50.9% during the third quarter. IFP Advisors Inc now owns 1,569 shares of the company’s stock worth $78,000 after buying an additional 529 shares in the last quarter. Finally, Investment Advisory Group LLC bought a new stake in Fidelity Systematic Municipal Bond Index ETF during the third quarter worth approximately $247,000.

Fidelity Systematic Municipal Bond Index ETF Stock Performance

Fidelity Systematic Municipal Bond Index ETF stock opened at $49.52 on Monday. Fidelity Systematic Municipal Bond Index ETF has a 1 year low of $46.11 and a 1 year high of $51.25. The firm’s 50 day moving average price is $50.56 and its two-hundred day moving average price is $50.34.

Fidelity Systematic Municipal Bond Index ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 26th were issued a $0.132 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Thursday, February 26th.

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.