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

Fidelity Low Duration Bond ETF (NASDAQ:FLDB) announced a monthly dividend on Thursday, July 30th, NASDAQ Dividends reports. Investors of record on Thursday, July 30th will be given a dividend of 0.165 per share on Monday, August 3rd. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date is Thursday, July 30th.

Fidelity Low Duration Bond ETF Stock Performance

Shares of FLDB stock traded down $0.16 during trading hours on Thursday, reaching $50.25. 8,386 shares of the company’s stock were exchanged, compared to its average volume of 7,780. Fidelity Low Duration Bond ETF has a 1 year low of $50.15 and a 1 year high of $50.93. The company’s 50 day moving average is $50.33 and its two-hundred day moving average is $50.39.

About Fidelity Low Duration Bond ETF

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.