JPMorgan Chase & Co. Has $1.63 Million Position in Fidelity Investment Grade Securitized ETF $FSEC

JPMorgan Chase & Co. grew its stake in shares of Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) by 93.7% in the third quarter, Holdings Channel reports. The institutional investor owned 36,904 shares of the company’s stock after purchasing an additional 17,855 shares during the period. JPMorgan Chase & Co.’s holdings in Fidelity Investment Grade Securitized ETF were worth $1,627,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in FSEC. Flow Traders U.S. LLC acquired a new position in shares of Fidelity Investment Grade Securitized ETF during the third quarter valued at about $2,076,000. Goldman Sachs Group Inc. acquired a new position in shares of Fidelity Investment Grade Securitized ETF during the first quarter valued at about $1,384,000. Jane Street Group LLC raised its position in shares of Fidelity Investment Grade Securitized ETF by 97.4% during the second quarter. Jane Street Group LLC now owns 57,825 shares of the company’s stock valued at $2,519,000 after buying an additional 28,525 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Fidelity Investment Grade Securitized ETF by 182.4% during the third quarter. Envestnet Asset Management Inc. now owns 31,823 shares of the company’s stock valued at $1,403,000 after buying an additional 20,556 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new position in shares of Fidelity Investment Grade Securitized ETF during the second quarter valued at about $471,000.

Fidelity Investment Grade Securitized ETF Stock Up 0.2%

Shares of FSEC opened at $44.12 on Thursday. The company has a 50-day simple moving average of $44.27 and a 200-day simple moving average of $44.36. Fidelity Investment Grade Securitized ETF has a 52 week low of $41.98 and a 52 week high of $45.60.

Fidelity Investment Grade Securitized ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were given a dividend of $0.136 per share. This is an increase from Fidelity Investment Grade Securitized ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Thursday, February 26th.

About Fidelity Investment Grade Securitized ETF

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.