Fidelity Low Duration Bond ETF (NASDAQ:FLDB) Plans Dividend Increase – $0.21 Per Share

Fidelity Low Duration Bond ETF (NASDAQ:FLDB) declared a monthly dividend on Wednesday, October 30th, NASDAQ reports. Stockholders of record on Wednesday, October 30th will be given a dividend of 0.211 per share on Friday, November 1st. This represents a $2.53 dividend on an annualized basis and a dividend yield of 5.02%. The ex-dividend date of this dividend is Wednesday, October 30th. This is a positive change from Fidelity Low Duration Bond ETF’s previous monthly dividend of $0.18.

Fidelity Low Duration Bond ETF Stock Performance

NASDAQ:FLDB traded down $0.27 during mid-day trading on Wednesday, hitting $50.39. The company’s stock had a trading volume of 85 shares, compared to its average volume of 386. Fidelity Low Duration Bond ETF has a fifty-two week low of $49.98 and a fifty-two week high of $50.66. The stock has a fifty day moving average of $50.51 and a 200-day moving average of $50.37.

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.