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

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

Fidelity Systematic Municipal Bond Index ETF Trading Up 0.0%

The company’s 50-day moving average is $50.35 and its 200-day moving average is $49.79.

Fidelity Systematic Municipal Bond Index ETF Dividend Announcement

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

Institutional Trading of Fidelity Systematic Municipal Bond Index ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc increased its holdings in shares of 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. Advisory Services Network LLC acquired a new position in Fidelity Systematic Municipal Bond Index ETF in the 3rd quarter worth about $29,000. Avidian Wealth Enterprises LLC raised its position in Fidelity Systematic Municipal Bond Index ETF by 5.2% in the third quarter. Avidian Wealth Enterprises LLC now owns 12,411 shares of the company’s stock valued at $618,000 after purchasing an additional 613 shares during the last quarter. Investment Advisory Group LLC acquired a new stake in shares of Fidelity Systematic Municipal Bond Index ETF during the third quarter valued at about $247,000. Finally, Global Wealth Management LLC acquired a new stake in shares of Fidelity Systematic Municipal Bond Index ETF during the fourth quarter valued at about $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.