Fidelity Corporate Bond ETF (NYSEARCA:FCOR) Plans $0.17 Monthly Dividend

Fidelity Corporate Bond ETF (NYSEARCA:FCOR) declared a monthly dividend on Wednesday, January 28th. Shareholders of record on Thursday, January 29th will be paid a dividend of 0.168 per share on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Thursday, January 29th.

Fidelity Corporate Bond ETF Trading Down 0.2%

FCOR opened at $47.98 on Thursday. Fidelity Corporate Bond ETF has a 52-week low of $45.00 and a 52-week high of $48.79. The stock has a 50-day moving average of $48.01 and a 200-day moving average of $47.91.

Hedge Funds Weigh In On Fidelity Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of FCOR. Sunbelt Securities Inc. increased its holdings in Fidelity Corporate Bond ETF by 8,233.3% in the third quarter. Sunbelt Securities Inc. now owns 1,000 shares of the company’s stock valued at $48,000 after purchasing an additional 988 shares during the period. Cornerstone Planning Group LLC purchased a new position in Fidelity Corporate Bond ETF during the third quarter valued at approximately $50,000. Advisory Services Network LLC bought a new stake in Fidelity Corporate Bond ETF in the third quarter valued at approximately $76,000. Asset Dedication LLC purchased a new stake in Fidelity Corporate Bond ETF in the second quarter worth about $79,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Fidelity Corporate Bond ETF in the second quarter worth $235,000.

About Fidelity Corporate Bond ETF

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.