Life Planning Partners Inc Takes Position in Fidelity Systematic Municipal Bond Index ETF $FMUN

Life Planning Partners Inc acquired a new stake in Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) during the 2nd quarter, Holdings Channel reports. The firm acquired 57,504 shares of the company’s stock, valued at approximately $2,797,000. Fidelity Systematic Municipal Bond Index ETF comprises approximately 2.2% of Life Planning Partners Inc’s portfolio, making the stock its 10th largest position.

Other large investors have also made changes to their positions in the company. Cahaba Wealth Management Inc. purchased a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the second quarter valued at about $229,000. Moneywise Inc. purchased a new position in shares of Fidelity Systematic Municipal Bond Index ETF in the second quarter valued at about $244,000. Finally, Riverview Trust Co bought a new stake in shares of Fidelity Systematic Municipal Bond Index ETF in the second quarter worth about $18,843,000.

Fidelity Systematic Municipal Bond Index ETF Trading Down 0.0%

Shares of FMUN stock opened at $49.85 on Friday. Fidelity Systematic Municipal Bond Index ETF has a 12-month low of $46.11 and a 12-month high of $50.42. The stock has a 50-day moving average price of $49.20.

Fidelity Systematic Municipal Bond Index ETF Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, October 1st. Stockholders of record on Monday, September 29th were issued a $0.139 dividend. The ex-dividend date of this dividend was Monday, September 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.