Fidelity Tactical Bond ETF (NYSEARCA:FTBD) Shares Set to Pay Monthly Dividend of $0.20

Fidelity Tactical Bond ETF (NYSEARCA:FTBD) declared a monthly dividend on Friday, February 6th. Shareholders of record on Tuesday, September 29th will be paid a dividend of $0.1990 per share on Thursday, October 1st. This represents a $2.39 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Tuesday, September 29th.

Fidelity Tactical Bond ETF Price Performance

FTBD traded up $0.03 during trading on Friday, reaching $47.33. 1,405 shares of the company’s stock were exchanged, compared to its average volume of 4,252. The company’s fifty day moving average price is $48.34 and its 200-day moving average price is $48.93. Fidelity Tactical Bond ETF has a fifty-two week low of $47.30 and a fifty-two week high of $50.56.

About Fidelity Tactical Bond ETF

The Fidelity Tactical Bond ETF (FTBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds debt securities of any type, rating, and maturity, selected using a qualitative and quantitative security selection approach. FTBD was launched on Jan 24, 2023 and is managed by Fidelity.