138,723 Shares in Fidelity Low Duration Bond ETF $FLDB Purchased by Harmony Asset Management LLC

Harmony Asset Management LLC acquired a new position in Fidelity Low Duration Bond ETF (NASDAQ:FLDB) in the 1st quarter, Holdings Channel reports. The firm acquired 138,723 shares of the company’s stock, valued at approximately $6,980,000. Fidelity Low Duration Bond ETF makes up 2.1% of Harmony Asset Management LLC’s holdings, making the stock its 8th biggest holding.

Several other large investors have also bought and sold shares of FLDB. JPMorgan Chase & Co. grew its holdings in shares of Fidelity Low Duration Bond ETF by 9.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,231 shares of the company’s stock worth $1,073,000 after acquiring an additional 1,759 shares during the period. Jane Street Group LLC lifted its stake in shares of Fidelity Low Duration Bond ETF by 110.0% in the 2nd quarter. Jane Street Group LLC now owns 20,195 shares of the company’s stock valued at $1,019,000 after purchasing an additional 10,579 shares during the period. Cetera Investment Advisers boosted its position in shares of Fidelity Low Duration Bond ETF by 220.0% during the fourth quarter. Cetera Investment Advisers now owns 17,652 shares of the company’s stock valued at $889,000 after purchasing an additional 12,136 shares in the last quarter. &PARTNERS bought a new stake in shares of Fidelity Low Duration Bond ETF during the fourth quarter valued at approximately $767,000. Finally, Envestnet Asset Management Inc. grew its stake in Fidelity Low Duration Bond ETF by 135.7% in the third quarter. Envestnet Asset Management Inc. now owns 13,446 shares of the company’s stock worth $680,000 after purchasing an additional 7,741 shares during the period.

Fidelity Low Duration Bond ETF Trading Down 0.0%

FLDB opened at $50.30 on Thursday. The stock has a fifty day simple moving average of $50.33 and a two-hundred day simple moving average of $50.39. Fidelity Low Duration Bond ETF has a 12-month low of $50.15 and a 12-month high of $50.93.

Fidelity Low Duration Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 29th were given a $0.17 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. This is a boost from Fidelity Low Duration Bond ETF’s previous monthly dividend of $0.16.

Fidelity Low Duration Bond ETF Company Profile

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. FLDB was launched on Feb 22, 2024 and is issued by Fidelity.