RFP Financial Group LLC Invests $1.50 Million in Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

RFP Financial Group LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,071 shares of the company’s stock, valued at approximately $1,503,000. Fidelity Low Duration Bond Factor ETF comprises 0.6% of RFP Financial Group LLC’s portfolio, making the stock its 29th biggest holding. RFP Financial Group LLC owned 0.35% of Fidelity Low Duration Bond Factor ETF at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Brookstone Capital Management grew its stake in Fidelity Low Duration Bond Factor ETF by 4.1% during the fourth quarter. Brookstone Capital Management now owns 18,860 shares of the company’s stock valued at $941,000 after acquiring an additional 738 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Fidelity Low Duration Bond Factor ETF by 172.7% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 26,978 shares of the company’s stock valued at $1,346,000 after purchasing an additional 17,086 shares in the last quarter. Kingdom Financial Group LLC. raised its holdings in shares of Fidelity Low Duration Bond Factor ETF by 46.0% in the fourth quarter. Kingdom Financial Group LLC. now owns 6,778 shares of the company’s stock valued at $338,000 after acquiring an additional 2,137 shares in the last quarter. Secure Asset Management LLC boosted its position in Fidelity Low Duration Bond Factor ETF by 1.5% during the fourth quarter. Secure Asset Management LLC now owns 85,143 shares of the company’s stock valued at $4,248,000 after purchasing an additional 1,265 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at approximately $1,008,000.

Fidelity Low Duration Bond Factor ETF Stock Performance

Shares of FLDR stock traded up $0.02 during trading hours on Friday, reaching $50.15. 43,510 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $50.05 and a two-hundred day moving average price of $49.99.

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.