Osaic Holdings Inc. Purchases New Shares in Fidelity Systematic Municipal Bond Index ETF $FMUN

Osaic Holdings Inc. acquired a new position in shares of 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 acquired 35,921 shares of the company’s stock, valued at approximately $1,748,000. Osaic Holdings Inc. owned about 1.06% of Fidelity Systematic Municipal Bond Index ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Moneywise Inc. bought a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the second quarter worth about $244,000. Cahaba Wealth Management Inc. bought a new position in Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter worth approximately $229,000. Riverview Trust Co acquired a new position in Fidelity Systematic Municipal Bond Index ETF during the 2nd quarter worth $18,843,000. Life Planning Partners Inc bought a new position in Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter valued at $2,797,000. Finally, IFP Advisors Inc acquired a new stake in shares of Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter valued at $51,000.

Fidelity Systematic Municipal Bond Index ETF Stock Performance

FMUN stock opened at $50.44 on Tuesday. Fidelity Systematic Municipal Bond Index ETF has a twelve month low of $46.11 and a twelve month high of $50.61. The business has a fifty day moving average of $50.28 and a 200-day moving average of $49.52.

Fidelity Systematic Municipal Bond Index ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 1st. Shareholders of record on Wednesday, November 26th were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Wednesday, November 26th. This is an increase from Fidelity Systematic Municipal Bond Index ETF’s previous dividend of $0.14.

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.