Fidelity Low Duration Bond Factor ETF $FLDR Stock Acquired by Flavin Financial Services Inc.

Flavin Financial Services Inc. boosted its position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 65.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 54,343 shares of the company’s stock after purchasing an additional 21,588 shares during the quarter. Fidelity Low Duration Bond Factor ETF comprises 1.4% of Flavin Financial Services Inc.’s holdings, making the stock its 28th biggest position. Flavin Financial Services Inc. owned approximately 0.29% of Fidelity Low Duration Bond Factor ETF worth $2,704,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Management Resources Inc. bought a new position in Fidelity Low Duration Bond Factor ETF in the 3rd quarter worth about $15,891,000. Fortis Capital Management LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the first quarter valued at approximately $3,279,000. Koshinski Asset Management Inc. raised its holdings in shares of Fidelity Low Duration Bond Factor ETF by 55.5% during the first quarter. Koshinski Asset Management Inc. now owns 175,834 shares of the company’s stock valued at $8,800,000 after buying an additional 62,784 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Fidelity Low Duration Bond Factor ETF by 22.6% during the first quarter. Kestra Advisory Services LLC now owns 302,142 shares of the company’s stock valued at $15,122,000 after buying an additional 55,742 shares during the last quarter. Finally, Kastel Capital Advisors LLC bought a new stake in shares of Fidelity Low Duration Bond Factor ETF during the second quarter valued at approximately $1,704,000.

Fidelity Low Duration Bond Factor ETF Trading Up 0.0%

Shares of BATS FLDR opened at $49.95 on Thursday. The stock has a 50 day simple moving average of $49.96 and a 200-day simple moving average of $50.07. Fidelity Low Duration Bond Factor ETF has a 12-month low of $49.02 and a 12-month high of $50.47.

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.