Fidelity Low Duration Bond ETF Announces Dividend of $0.17 (NASDAQ:FLDB)

Fidelity Low Duration Bond ETF (NASDAQ:FLDBGet Free Report) announced a dividend on Friday, August 28th, NASDAQ Dividends reports. Stockholders of record on Friday, August 28th will be paid a dividend of 0.167 per share on Tuesday, September 1st. The ex-dividend date of this dividend is Friday, August 28th.

Fidelity Low Duration Bond ETF Trading Up 0.0%

Shares of FLDB opened at $50.44 on Friday. Fidelity Low Duration Bond ETF has a fifty-two week low of $50.15 and a fifty-two week high of $50.93. The business’s 50-day moving average is $50.34 and its 200-day moving average is $50.37.

Institutional Investors Weigh In On Fidelity Low Duration Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Midwest Financial Network LLC purchased a new stake in Fidelity Low Duration Bond ETF in the 1st quarter worth approximately $222,000. Cetera Investment Advisers purchased a new position in shares of Fidelity Low Duration Bond ETF during the 2nd quarter valued at $234,000. RCS Financial Planning LLC purchased a new position in shares of Fidelity Low Duration Bond ETF during the 1st quarter valued at $341,000. LPL Financial LLC acquired a new position in shares of Fidelity Low Duration Bond ETF in the fourth quarter worth $412,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of Fidelity Low Duration Bond ETF by 135.7% in the third quarter. Envestnet Asset Management Inc. now owns 13,446 shares of the company’s stock worth $680,000 after acquiring an additional 7,741 shares during the last quarter.

About Fidelity Low Duration Bond ETF

(Get Free Report)

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.

See Also

Dividend History for Fidelity Low Duration Bond ETF (NASDAQ:FLDB)

Receive News & Ratings for Fidelity Low Duration Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Low Duration Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.