Kastel Capital Advisors LLC Acquires New Position in Fidelity Low Duration Bond Factor ETF $FLDR

Kastel Capital Advisors LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 34,048 shares of the company’s stock, valued at approximately $1,704,000. Fidelity Low Duration Bond Factor ETF accounts for 1.0% of Kastel Capital Advisors LLC’s portfolio, making the stock its 24th biggest position.

A number of other large investors have also recently bought and sold shares of FLDR. Northwestern Mutual Wealth Management Co. acquired a new position in Fidelity Low Duration Bond Factor ETF in the second quarter valued at approximately $25,000. GHP Investment Advisors Inc. acquired a new position in Fidelity Low Duration Bond Factor ETF during the 1st quarter valued at approximately $25,000. Fifth Third Bancorp acquired a new position in Fidelity Low Duration Bond Factor ETF during the 1st quarter valued at approximately $33,000. Basepoint Wealth LLC bought a new position in Fidelity Low Duration Bond Factor ETF during the 1st quarter worth $59,000. Finally, Elevated Capital Advisors LLC bought a new position in Fidelity Low Duration Bond Factor ETF during the 4th quarter worth $88,000.

Fidelity Low Duration Bond Factor ETF Price Performance

Shares of BATS FLDR opened at $50.07 on Monday. Fidelity Low Duration Bond Factor ETF has a 1-year low of $49.02 and a 1-year high of $50.62. The business’s fifty day moving average price is $50.14 and its two-hundred day moving average price is $50.18.

Fidelity Low Duration Bond Factor ETF 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.