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

Osaic Holdings Inc. bought a new position in shares of Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 35,921 shares of the company’s stock, valued at approximately $1,748,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. IFP Advisors Inc bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF in the second quarter worth about $51,000. Cahaba Wealth Management Inc. acquired a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter valued at approximately $229,000. Moneywise Inc. bought a new stake in Fidelity Systematic Municipal Bond Index ETF during the 2nd quarter worth approximately $244,000. Avidian Wealth Enterprises LLC acquired a new stake in Fidelity Systematic Municipal Bond Index ETF during the 2nd quarter worth approximately $574,000. Finally, Life Planning Partners Inc bought a new position in Fidelity Systematic Municipal Bond Index ETF in the second quarter valued at approximately $2,797,000.

Fidelity Systematic Municipal Bond Index ETF Trading Up 0.1%

Fidelity Systematic Municipal Bond Index ETF stock opened at $50.44 on Tuesday. The company has a 50 day moving average of $50.28 and a 200-day moving average of $49.52. Fidelity Systematic Municipal Bond Index ETF has a twelve month low of $46.11 and a twelve month high of $50.61.

Fidelity Systematic Municipal Bond Index ETF Increases Dividend

The company also recently announced 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. This is a boost from Fidelity Systematic Municipal Bond Index ETF’s previous dividend of $0.14. The ex-dividend date was Wednesday, November 26th.

Fidelity Systematic Municipal Bond Index ETF 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.