Prime Capital Investment Advisors LLC Acquires 10,361 Shares of Fidelity Low Duration Bond Factor ETF $FLDR

Prime Capital Investment Advisors LLC raised its holdings in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 8.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 139,873 shares of the company’s stock after purchasing an additional 10,361 shares during the quarter. Prime Capital Investment Advisors LLC owned approximately 0.75% of Fidelity Low Duration Bond Factor ETF worth $7,022,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. bought a new position in shares of Fidelity Low Duration Bond Factor ETF in the second quarter valued at about $25,000. McIlrath & Eck LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF in the 3rd quarter valued at about $41,000. Geneos Wealth Management Inc. bought a new position in shares of Fidelity Low Duration Bond Factor ETF in the third quarter worth about $135,000. Accelerate Investment Advisors LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the third quarter worth approximately $210,000. Finally, Southland Equity Partners LLC bought a new stake in shares of Fidelity Low Duration Bond Factor ETF during the third quarter valued at approximately $225,000.

Fidelity Low Duration Bond Factor ETF Price Performance

Shares of Fidelity Low Duration Bond Factor ETF stock opened at $50.26 on Friday. The firm has a 50 day simple moving average of $50.28 and a 200 day simple moving average of $50.28. Fidelity Low Duration Bond Factor ETF has a fifty-two week low of $49.73 and a fifty-two week high of $52.00.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, February 2nd. Stockholders of record on Thursday, January 29th were paid a dividend of $0.166 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Thursday, January 29th.

Fidelity Low Duration Bond Factor ETF Company Profile

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. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.