Fidelity Tactical Bond ETF (NYSEARCA:FTBD) to Issue $0.15 Monthly Dividend

Fidelity Tactical Bond ETF (NYSEARCA:FTBD) announced a monthly dividend on Wednesday, January 28th. Shareholders of record on Thursday, January 29th will be paid a dividend of 0.152 per share on Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date is Thursday, January 29th.

Fidelity Tactical Bond ETF Trading Down 0.3%

NYSEARCA:FTBD traded down $0.17 on Thursday, hitting $49.57. 1,343 shares of the company’s stock were exchanged, compared to its average volume of 6,217. The firm has a 50-day moving average price of $49.82 and a 200-day moving average price of $49.78. Fidelity Tactical Bond ETF has a 52 week low of $47.51 and a 52 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.