Stonebridge Financial Planning Group LLC Decreases Stock Holdings in Fidelity High Yield Factor ETF $FDHY

Stonebridge Financial Planning Group LLC trimmed its holdings in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 6.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,419 shares of the company’s stock after selling 1,243 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in Fidelity High Yield Factor ETF were worth $949,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cullen Frost Bankers Inc. purchased a new stake in shares of Fidelity High Yield Factor ETF during the first quarter valued at approximately $32,000. CWM LLC purchased a new stake in shares of Fidelity High Yield Factor ETF during the second quarter valued at approximately $209,000. Fifth Third Securities Inc. purchased a new stake in shares of Fidelity High Yield Factor ETF during the second quarter valued at approximately $272,000. Janney Montgomery Scott LLC increased its position in shares of Fidelity High Yield Factor ETF by 13.0% during the second quarter. Janney Montgomery Scott LLC now owns 5,875 shares of the company’s stock valued at $287,000 after acquiring an additional 677 shares during the last quarter. Finally, Arete Wealth Advisors LLC purchased a new stake in shares of Fidelity High Yield Factor ETF during the first quarter valued at approximately $367,000.

Fidelity High Yield Factor ETF Stock Down 0.0%

Shares of FDHY opened at $48.94 on Wednesday. The stock has a 50 day moving average of $49.29 and a 200 day moving average of $48.78. Fidelity High Yield Factor ETF has a 12 month low of $45.41 and a 12 month high of $49.71.

About Fidelity High Yield Factor ETF

The Fidelity High Yield Factor ETF (FDHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund using a quantitative screen to select high-yield bonds issued by US and foreign corporations. The fund seeks a high level of income, and may also seek capital appreciation.