Fidelity Low Duration Bond ETF (NASDAQ:FLDB) to Issue Dividend Increase – $0.19 Per Share

Fidelity Low Duration Bond ETF (NASDAQ:FLDB) announced a dividend on Friday, March 28th, NASDAQ Dividends reports. Shareholders of record on Friday, March 28th will be paid a dividend of 0.191 per share on Tuesday, April 1st. The ex-dividend date of this dividend is Friday, March 28th. This is a 3.8% increase from Fidelity Low Duration Bond ETF’s previous dividend of $0.18.

Fidelity Low Duration Bond ETF Stock Performance

Shares of FLDB traded down $0.18 during mid-day trading on Friday, reaching $50.40. 501 shares of the company’s stock were exchanged, compared to its average volume of 193. The business’s fifty day simple moving average is $50.47 and its 200-day simple moving average is $50.48. Fidelity Low Duration Bond ETF has a 52-week low of $50.07 and a 52-week high of $50.66.

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.