Wealth Enhancement Advisory Services LLC Sells 12,982 Shares of Fidelity Investment Grade Securitized ETF $FSEC

Wealth Enhancement Advisory Services LLC cut its holdings in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) by 19.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,953 shares of the company’s stock after selling 12,982 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.06% of Fidelity Investment Grade Securitized ETF worth $2,350,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of FSEC. Integrity Alliance LLC. raised its holdings in shares of Fidelity Investment Grade Securitized ETF by 14.5% during the 2nd quarter. Integrity Alliance LLC. now owns 85,715 shares of the company’s stock valued at $3,734,000 after purchasing an additional 10,873 shares in the last quarter. Jane Street Group LLC increased its position in Fidelity Investment Grade Securitized ETF by 97.4% during the second quarter. Jane Street Group LLC now owns 57,825 shares of the company’s stock worth $2,519,000 after buying an additional 28,525 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in Fidelity Investment Grade Securitized ETF during the first quarter valued at about $1,384,000. JPMorgan Chase & Co. lifted its position in shares of Fidelity Investment Grade Securitized ETF by 840.7% in the second quarter. JPMorgan Chase & Co. now owns 19,049 shares of the company’s stock worth $830,000 after buying an additional 17,024 shares during the last quarter. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Fidelity Investment Grade Securitized ETF during the 2nd quarter worth about $491,000.

Fidelity Investment Grade Securitized ETF Stock Performance

FSEC opened at $44.21 on Friday. The business has a 50 day moving average price of $44.36 and a 200 day moving average price of $44.16. Fidelity Investment Grade Securitized ETF has a twelve month low of $41.98 and a twelve month high of $45.60.

Fidelity Investment Grade Securitized ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 29th will be given a $0.132 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Thursday, January 29th.

About Fidelity Investment Grade Securitized ETF

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.