Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) to Issue Monthly Dividend of $0.18

Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) announced a monthly dividend on Wednesday, January 28th. Investors of record on Thursday, January 29th will be given a dividend of 0.175 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, January 29th.

Fidelity Limited Term Bond ETF Trading Down 0.0%

Shares of Fidelity Limited Term Bond ETF stock opened at $50.80 on Thursday. The firm has a market capitalization of $360.68 million, a P/E ratio of 32.15 and a beta of 0.10. Fidelity Limited Term Bond ETF has a 12 month low of $49.41 and a 12 month high of $51.07. The business has a fifty day simple moving average of $50.76 and a two-hundred day simple moving average of $50.69.

Hedge Funds Weigh In On Fidelity Limited Term Bond ETF

Large investors have recently bought and sold shares of the business. Jones Financial Companies Lllp boosted its holdings in Fidelity Limited Term Bond ETF by 1,269.0% in the first quarter. Jones Financial Companies Lllp now owns 6,270 shares of the company’s stock worth $314,000 after acquiring an additional 5,812 shares in the last quarter. Jane Street Group LLC raised its position in Fidelity Limited Term Bond ETF by 315.5% in the first quarter. Jane Street Group LLC now owns 33,976 shares of the company’s stock valued at $1,702,000 after purchasing an additional 25,798 shares during the period. Focus Partners Wealth grew its stake in Fidelity Limited Term Bond ETF by 3,043.4% during the 1st quarter. Focus Partners Wealth now owns 20,118 shares of the company’s stock worth $1,008,000 after purchasing an additional 19,478 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in Fidelity Limited Term Bond ETF in the second quarter valued at approximately $39,000. Finally, Koshinski Asset Management Inc. raised its position in Fidelity Limited Term Bond ETF by 19.4% in the 2nd quarter. Koshinski Asset Management Inc. now owns 17,400 shares of the company’s stock valued at $877,000 after purchasing an additional 2,822 shares during the last quarter. Hedge funds and other institutional investors own 2.01% of the company’s stock.

About Fidelity Limited Term Bond ETF

The Fidelity Limited Term Bond ETF (FLTB) is an exchange-traded fund that is based on the Fidelity Limited Term Composite index. The fund is an actively managed, broad-based bond fund with a primary focus on investment-grade credits and a targeted average maturity between two and five years. FLTB was launched on Oct 6, 2014 and is managed by Fidelity.