Fidelity Corporate Bond ETF (NYSEARCA:FCOR) Declares Dividend of $0.14

Fidelity Corporate Bond ETF (NYSEARCA:FCOR – Get Rating) announced a dividend on Thursday, May 25th, NASDAQ reports. Investors of record on Tuesday, May 30th will be given a dividend of 0.142 per share on Thursday, June 1st. The ex-dividend date of this dividend is Friday, May 26th.

Fidelity Corporate Bond ETF Price Performance

FCOR traded up $0.17 during trading hours on Friday, reaching $45.08. 13,247 shares of the stock traded hands, compared to its average volume of 25,819. The firm’s fifty day simple moving average is $45.94 and its two-hundred day simple moving average is $45.73. Fidelity Corporate Bond ETF has a fifty-two week low of $42.30 and a fifty-two week high of $48.55.

Institutional Investors Weigh In On Fidelity Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC boosted its stake in Fidelity Corporate Bond ETF by 2.0% during the 1st quarter. Advisory Services Network LLC now owns 11,621 shares of the company’s stock valued at $536,000 after acquiring an additional 226 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Fidelity Corporate Bond ETF by 6.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 9,106 shares of the company’s stock valued at $420,000 after buying an additional 525 shares during the period. UBS Group AG increased its stake in Fidelity Corporate Bond ETF by 103.8% during the 1st quarter. UBS Group AG now owns 2,354 shares of the company’s stock valued at $119,000 after buying an additional 1,199 shares during the period. Hoxton Planning & Management LLC increased its stake in Fidelity Corporate Bond ETF by 5.4% during the 1st quarter. Hoxton Planning & Management LLC now owns 39,851 shares of the company’s stock valued at $1,838,000 after buying an additional 2,045 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of Fidelity Corporate Bond ETF by 16.1% in the 1st quarter. Bank of America Corp DE now owns 31,787 shares of the company’s stock worth $1,608,000 after purchasing an additional 4,408 shares during the last quarter.

About Fidelity Corporate Bond ETF

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The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.