Fidelity Low Duration Bond ETF (NASDAQ:FLDB) Announces Monthly Dividend of $0.15

Fidelity Low Duration Bond ETF (NASDAQ:FLDB) declared a monthly dividend on Thursday, January 29th, NASDAQ Dividends reports. Stockholders of record on Thursday, January 29th will be paid a dividend of 0.146 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Thursday, January 29th.

Fidelity Low Duration Bond ETF Price Performance

NASDAQ FLDB traded down $0.13 during trading on Thursday, reaching $50.39. 1,547 shares of the company’s stock were exchanged, compared to its average volume of 6,466. Fidelity Low Duration Bond ETF has a fifty-two week low of $50.19 and a fifty-two week high of $50.93. The business has a 50 day moving average price of $50.51 and a 200-day moving average price of $50.57.

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.