Fidelity Low Duration Bond Factor ETF Announces Dividend of $0.22 (BATS:FLDR)

Fidelity Low Duration Bond Factor ETF (BATS:FLDR – Get Rating) declared a dividend on Thursday, May 25th, NASDAQ reports. Shareholders of record on Tuesday, May 30th will be paid a dividend of 0.223 per share on Thursday, June 1st. The ex-dividend date of this dividend is Friday, May 26th.

Fidelity Low Duration Bond Factor ETF Stock Performance

FLDR remained flat at $49.92 during midday trading on Friday. 8,274 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $49.80 and a two-hundred day moving average of $49.71.

Hedge Funds Weigh In On Fidelity Low Duration Bond Factor ETF

A number of institutional investors have recently made changes to their positions in the stock. Kraft Davis & Associates LLC acquired a new position in Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at $6,308,000. Wells Fargo & Company MN increased its stake in shares of Fidelity Low Duration Bond Factor ETF by 126.4% during the 4th quarter. Wells Fargo & Company MN now owns 55,522 shares of the company’s stock valued at $2,747,000 after acquiring an additional 30,993 shares during the last quarter. Morgan Stanley increased its stake in shares of Fidelity Low Duration Bond Factor ETF by 92.2% during the 4th quarter. Morgan Stanley now owns 55,712 shares of the company’s stock valued at $2,757,000 after acquiring an additional 26,718 shares during the last quarter. LPL Financial LLC increased its stake in shares of Fidelity Low Duration Bond Factor ETF by 121.5% during the 1st quarter. LPL Financial LLC now owns 38,100 shares of the company’s stock valued at $1,891,000 after acquiring an additional 20,902 shares during the last quarter. Finally, Citadel Advisors LLC increased its stake in shares of Fidelity Low Duration Bond Factor ETF by 74.1% during the 2nd quarter. Citadel Advisors LLC now owns 23,551 shares of the company’s stock valued at $1,167,000 after acquiring an additional 10,025 shares during the last quarter.

Fidelity Low Duration Bond Factor ETF Company Profile

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The Fidelity Low Duration Bond Factor ETF (FLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a modified market-value-weighted index of US investment-grade floating-rate bonds and fixed-rate Treasury notes with a target portfolio duration of less than one year.