Fidelity Low Duration Bond ETF (FLDB) to Issue Monthly Dividend of $0.21 on July 1st

Fidelity Low Duration Bond ETF (NASDAQ:FLDB) declared a monthly dividend on Wednesday, June 26th, NASDAQ reports. Stockholders of record on Thursday, June 27th will be given a dividend of 0.214 per share on Monday, July 1st. This represents a $2.57 annualized dividend and a dividend yield of 5.12%. The ex-dividend date is Thursday, June 27th.

Fidelity Low Duration Bond ETF Trading Down 0.3 %

NASDAQ:FLDB opened at $50.19 on Friday. The stock’s 50-day moving average is $50.25. Fidelity Low Duration Bond ETF has a 52-week low of $49.98 and a 52-week high of $50.38.

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.