Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) Raises Dividend to $0.14 Per Share

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUNGet Free Report) announced a monthly dividend on Wednesday, April 29th, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 29th will be given a dividend of 0.143 per share on Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Wednesday, April 29th. This is a 8.3% increase from Fidelity Systematic Municipal Bond Index ETF’s previous monthly dividend of $0.13.

Fidelity Systematic Municipal Bond Index ETF Stock Performance

Shares of Fidelity Systematic Municipal Bond Index ETF stock opened at $49.95 on Thursday. Fidelity Systematic Municipal Bond Index ETF has a 52-week low of $48.16 and a 52-week high of $51.25. The company’s 50 day moving average price is $50.28 and its 200-day moving average price is $50.35.

Institutional Investors Weigh In On Fidelity Systematic Municipal Bond Index ETF

Large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the second quarter valued at about $6,639,000. Avidian Wealth Enterprises LLC increased its holdings in Fidelity Systematic Municipal Bond Index ETF by 5.2% during the 3rd 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 period. Investment Advisory Group LLC purchased a new position in Fidelity Systematic Municipal Bond Index ETF during the 3rd quarter valued at about $247,000. Advisory Services Network LLC bought a new position in Fidelity Systematic Municipal Bond Index ETF during the 3rd quarter valued at approximately $29,000. Finally, IFP Advisors Inc lifted its holdings in Fidelity Systematic Municipal Bond Index ETF by 50.9% in the 3rd quarter. IFP Advisors Inc now owns 1,569 shares of the company’s stock worth $78,000 after buying an additional 529 shares during the period.

About Fidelity Systematic Municipal Bond Index ETF

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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.

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Dividend History for Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN)

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