Life Planning Partners Inc lowered its position in Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN – Free Report) by 55.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,081 shares of the company’s stock after selling 21,449 shares during the period. Life Planning Partners Inc owned about 0.47% of Fidelity Systematic Municipal Bond Index ETF worth $800,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in FMUN. Kestra Advisory Services LLC grew its position in Fidelity Systematic Municipal Bond Index ETF by 22.5% in the 1st quarter. Kestra Advisory Services LLC now owns 4,109 shares of the company’s stock worth $204,000 after purchasing an additional 754 shares in the last quarter. CRA Financial Services LLC bought a new position in shares of Fidelity Systematic Municipal Bond Index ETF during the 3rd quarter worth approximately $230,000. Quantinno Capital Management LP bought a new position in shares of Fidelity Systematic Municipal Bond Index ETF during the 1st quarter worth approximately $254,000. Single Point Partners LLC purchased a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the 3rd quarter worth approximately $274,000. Finally, Nwam LLC purchased a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the 2nd quarter worth approximately $350,000.
Fidelity Systematic Municipal Bond Index ETF Stock Down 0.3%
FMUN stock opened at $48.51 on Friday. The business has a 50 day moving average of $48.10 and a 200-day moving average of $49.70. Fidelity Systematic Municipal Bond Index ETF has a 12-month low of $46.32 and a 12-month high of $51.25.
Fidelity Systematic Municipal Bond Index ETF Cuts Dividend
The business also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 29th will be given a $0.1310 dividend. This is a negative change from Fidelity Systematic Municipal Bond Index ETF’s previous monthly dividend of $0.1430. This represents a $1.57 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Thursday, October 29th.
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.
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