11,798 Shares in Fidelity Systematic Municipal Bond Index ETF $FMUN Acquired by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC purchased a new position in Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,798 shares of the company’s stock, valued at approximately $574,000. Avidian Wealth Enterprises LLC owned about 0.35% of Fidelity Systematic Municipal Bond Index ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FMUN. Riverview Trust Co bought a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter worth $18,843,000. Life Planning Partners Inc bought a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter worth $2,797,000. Moneywise Inc. bought a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter worth $244,000. Cahaba Wealth Management Inc. bought a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter worth $229,000. Finally, IFP Advisors Inc bought a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter worth $51,000.

Fidelity Systematic Municipal Bond Index ETF Price Performance

Shares of NASDAQ:FMUN opened at $50.47 on Thursday. The company’s fifty day moving average price is $49.59 and its 200-day moving average price is $48.91. Fidelity Systematic Municipal Bond Index ETF has a one year low of $46.11 and a one year high of $50.57.

Fidelity Systematic Municipal Bond Index ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, October 1st. Stockholders of record on Monday, September 29th were issued a $0.139 dividend. The ex-dividend date of this dividend was Monday, September 29th.

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.