Virtus Wealth Solutions LLC Has $217,000 Stock Holdings in Fidelity Corporate Bond ETF (NYSEARCA:FCOR)

Virtus Wealth Solutions LLC cut its holdings in Fidelity Corporate Bond ETF (NYSEARCA:FCOR) by 5.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 4,622 shares of the company’s stock after selling 271 shares during the quarter. Virtus Wealth Solutions LLC’s holdings in Fidelity Corporate Bond ETF were worth $217,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Sagespring Wealth Partners LLC boosted its position in shares of Fidelity Corporate Bond ETF by 2.0% during the 1st quarter. Sagespring Wealth Partners LLC now owns 5,205,000 shares of the company’s stock worth $244,427,000 after purchasing an additional 102,000 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Fidelity Corporate Bond ETF by 3.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 171,798 shares of the company’s stock worth $7,968,000 after acquiring an additional 5,936 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Fidelity Corporate Bond ETF by 10.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 158,436 shares of the company’s stock worth $7,348,000 after purchasing an additional 15,595 shares in the last quarter. Lakeshore Capital Group Inc. acquired a new position in Fidelity Corporate Bond ETF during the first quarter worth $4,798,000. Finally, Raymond James Financial Inc. bought a new position in shares of Fidelity Corporate Bond ETF in the fourth quarter valued at $4,622,000.

Fidelity Corporate Bond ETF Price Performance

NYSEARCA:FCOR opened at $47.25 on Thursday. The firm has a 50-day moving average of $46.54 and a 200-day moving average of $46.60. Fidelity Corporate Bond ETF has a one year low of $45.00 and a one year high of $49.09.

Fidelity Corporate Bond ETF Company Profile

The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.