Fidelity Low Duration Bond Factor ETF $FLDR Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 22.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 302,142 shares of the company’s stock after purchasing an additional 55,742 shares during the period. Kestra Advisory Services LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $15,122,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Anson Capital Inc. grew its holdings in shares of Fidelity Low Duration Bond Factor ETF by 1.9% during the fourth quarter. Anson Capital Inc. now owns 11,228 shares of the company’s stock worth $564,000 after buying an additional 207 shares in the last quarter. Sugar Maple Asset Management LLC boosted its position in Fidelity Low Duration Bond Factor ETF by 2.8% during the second quarter. Sugar Maple Asset Management LLC now owns 8,661 shares of the company’s stock worth $434,000 after acquiring an additional 232 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Fidelity Low Duration Bond Factor ETF by 61.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 808 shares of the company’s stock valued at $41,000 after acquiring an additional 306 shares in the last quarter. Virtus Wealth Solutions LLC grew its stake in Fidelity Low Duration Bond Factor ETF by 2.8% during the 4th quarter. Virtus Wealth Solutions LLC now owns 13,173 shares of the company’s stock valued at $662,000 after acquiring an additional 359 shares in the last quarter. Finally, GHP Investment Advisors Inc. acquired a new stake in Fidelity Low Duration Bond Factor ETF in the 1st quarter valued at about $25,000.

Fidelity Low Duration Bond Factor ETF Price Performance

FLDR remained flat at $50.15 during trading on Friday. 148,768 shares of the company’s stock were exchanged, compared to its average volume of 351,403. The stock has a 50-day simple moving average of $50.14 and a two-hundred day simple moving average of $50.20. Fidelity Low Duration Bond Factor ETF has a twelve month low of $49.02 and a twelve month high of $50.62.

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