Fidelity Low Duration Bond ETF (NASDAQ:FLDB) Plans Monthly Dividend of $0.16

Fidelity Low Duration Bond ETF (NASDAQ:FLDB) declared a monthly dividend on Thursday, May 28th, NASDAQ Dividends reports. Shareholders of record on Thursday, May 28th will be given a dividend of 0.161 per share on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Thursday, May 28th.

Fidelity Low Duration Bond ETF Trading Down 0.3%

FLDB opened at $50.27 on Friday. Fidelity Low Duration Bond ETF has a 1-year low of $50.18 and a 1-year high of $50.93. The company has a 50 day simple moving average of $50.37 and a two-hundred day simple moving average of $50.45.

Fidelity Low Duration Bond ETF Company Profile

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.