Global Retirement Partners LLC Makes New Investment in Fidelity Systematic Municipal Bond Index ETF $FMUN

Global Retirement Partners LLC acquired a new position in shares of Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUNFree Report) during the 4th quarter, Holdings Channel reports. The firm acquired 43,572 shares of the company’s stock, valued at approximately $2,189,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of FMUN. Jane Street Group LLC bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter valued at approximately $6,639,000. Embree Financial Group bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF in the 4th quarter valued at approximately $559,000. Sigma Planning Corp bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF in the 4th quarter valued at approximately $346,000. Global Wealth Management LLC bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF in the 4th quarter valued at approximately $293,000. Finally, Investment Advisory Group LLC bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF in the 3rd quarter valued at approximately $247,000.

Fidelity Systematic Municipal Bond Index ETF Trading Down 0.0%

Shares of NASDAQ FMUN opened at $49.77 on Friday. Fidelity Systematic Municipal Bond Index ETF has a twelve month low of $48.26 and a twelve month high of $51.25. The business has a 50 day simple moving average of $50.02 and a 200-day simple moving average of $50.32.

Fidelity Systematic Municipal Bond Index ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 1st. Stockholders of record on Wednesday, April 29th were issued a $0.143 dividend. This is a positive change from Fidelity Systematic Municipal Bond Index ETF’s previous monthly dividend of $0.13. The ex-dividend date was Wednesday, April 29th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%.

About Fidelity Systematic Municipal Bond Index ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN)

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