Family Asset Management LLC Takes $1.24 Million Position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Family Asset Management LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 24,678 shares of the company’s stock, valued at approximately $1,239,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in FLDR. Brown Brothers Harriman & Co. acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the 2nd quarter worth about $30,000. First Community Trust NA acquired a new position in Fidelity Low Duration Bond Factor ETF during the third quarter valued at approximately $114,000. MN Wealth Advisors LLC bought a new stake in Fidelity Low Duration Bond Factor ETF in the second quarter valued at approximately $202,000. Lakeridge Wealth Management LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF in the third quarter worth $214,000. Finally, Strategic Blueprint LLC boosted its position in shares of Fidelity Low Duration Bond Factor ETF by 6.4% during the second quarter. Strategic Blueprint LLC now owns 5,409 shares of the company’s stock worth $270,000 after purchasing an additional 323 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Price Performance

Shares of Fidelity Low Duration Bond Factor ETF stock traded up $0.02 during trading hours on Wednesday, hitting $50.06. The company’s stock had a trading volume of 164,028 shares. The stock has a 50 day simple moving average of $50.23 and a 200 day simple moving average of $50.13.

About Fidelity Low Duration Bond Factor ETF

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.