Fidelity Low Duration Bond Factor ETF $FLDR Stock: RCS Financial Planning LLC Reduces Position

RCS Financial Planning LLC decreased its position in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 31.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 85,798 shares of the company’s stock after selling 39,332 shares during the quarter. Fidelity Low Duration Bond Factor ETF comprises 2.3% of RCS Financial Planning LLC’s holdings, making the stock its 12th biggest position. RCS Financial Planning LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $4,283,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Bank of America Corp DE increased its holdings in shares of Fidelity Low Duration Bond Factor ETF by 4.1% in the 1st quarter. Bank of America Corp DE now owns 325,763 shares of the company’s stock valued at $16,304,000 after acquiring an additional 12,686 shares during the period. Kestra Advisory Services LLC grew its position in Fidelity Low Duration Bond Factor ETF by 22.6% during the 1st quarter. Kestra Advisory Services LLC now owns 302,142 shares of the company’s stock worth $15,122,000 after purchasing an additional 55,742 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Fidelity Low Duration Bond Factor ETF by 9.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 207,532 shares of the company’s stock worth $10,399,000 after purchasing an additional 18,496 shares during the last quarter. Koshinski Asset Management Inc. increased its stake in Fidelity Low Duration Bond Factor ETF by 55.5% in the first quarter. Koshinski Asset Management Inc. now owns 175,834 shares of the company’s stock valued at $8,800,000 after purchasing an additional 62,784 shares during the period. Finally, Royal Bank of Canada increased its stake in Fidelity Low Duration Bond Factor ETF by 15.1% in the first quarter. Royal Bank of Canada now owns 134,333 shares of the company’s stock valued at $6,723,000 after purchasing an additional 17,596 shares during the period.

Fidelity Low Duration Bond Factor ETF Price Performance

Shares of BATS:FLDR traded down $0.01 on Wednesday, reaching $49.84. The company’s stock had a trading volume of 206,242 shares, compared to its average volume of 328,205. The stock’s 50-day moving average is $49.98 and its two-hundred day moving average is $50.08. Fidelity Low Duration Bond Factor ETF has a 52-week low of $49.02 and a 52-week 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.