Fidelity Preferred Securities & Income ETF (BATS:FPFD) Declares $0.08 Dividend

Fidelity Preferred Securities & Income ETF (BATS:FPFD – Get Rating) announced a dividend on Thursday, May 25th, NASDAQ reports. Investors of record on Tuesday, May 30th will be paid a dividend of 0.079 per share on Thursday, June 1st. The ex-dividend date is Friday, May 26th.

Fidelity Preferred Securities & Income ETF Trading Down 0.3 %

Shares of FPFD stock traded down $0.05 on Friday, hitting $19.83. 1,532 shares of the stock traded hands. The company’s fifty day moving average price is $19.99 and its 200-day moving average price is $20.36.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Fidelity Preferred Securities & Income ETF stock. Commonwealth Equity Services LLC boosted its stake in Fidelity Preferred Securities & Income ETF (BATS:FPFD – Get Rating) by 32.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,112 shares of the company’s stock after buying an additional 4,901 shares during the period. Commonwealth Equity Services LLC owned approximately 1.26% of Fidelity Preferred Securities & Income ETF worth $405,000 at the end of the most recent quarter.

Fidelity Preferred Securities & Income ETF Company Profile

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The Fidelity Preferred Securities & Income ETF (FPFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in preferred and other income producing securities rated at least BB, issued by domestic and foreign issuers, with no specific target maturity. FPFD was launched on Jun 15, 2021 and is managed by Fidelity.