Fidelity Low Duration Bond ETF (NASDAQ:FLDB) Raises Dividend to $0.25 Per Share

Fidelity Low Duration Bond ETF (NASDAQ:FLDB) declared a monthly dividend on Tuesday, December 30th, NASDAQ Dividends reports. Investors of record on Tuesday, December 30th will be given a dividend of 0.249 per share on Friday, January 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Tuesday, December 30th. This is a 144.1% increase from Fidelity Low Duration Bond ETF’s previous monthly dividend of $0.10.

Fidelity Low Duration Bond ETF Stock Down 0.5%

NASDAQ FLDB traded down $0.25 on Tuesday, reaching $50.37. The stock had a trading volume of 16,338 shares, compared to its average volume of 3,582. Fidelity Low Duration Bond ETF has a 12-month low of $50.19 and a 12-month high of $50.93. The stock has a fifty day moving average price of $50.58 and a two-hundred day moving average price of $50.58.

Fidelity Low Duration Bond ETF Company Profile

The Fidelity Low Duration Bond ETF (FLDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade, domestic and foreign fixed income securities with broad maturities. It aims to maintain a dollar-weighted average portfolio maturity of two years or less, and duration of one year or less. FLDB was launched on Feb 22, 2024 and is issued by Fidelity.