Essex Financial Services Inc. Buys Shares of 11,950 Fidelity Low Duration Bond Factor ETF $FLDR

Essex Financial Services Inc. purchased a new position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) during the first quarter, Holdings Channel.com reports. The institutional investor purchased 11,950 shares of the company’s stock, valued at approximately $598,000.

Other institutional investors have also recently made changes to their positions in the company. Anson Capital Inc. raised its stake in Fidelity Low Duration Bond Factor ETF by 1.9% in the 4th quarter. Anson Capital Inc. now owns 11,228 shares of the company’s stock valued at $564,000 after purchasing an additional 207 shares during the last quarter. Sugar Maple Asset Management LLC raised its position in shares of Fidelity Low Duration Bond Factor ETF by 2.8% in the second quarter. Sugar Maple Asset Management LLC now owns 8,661 shares of the company’s stock valued at $434,000 after buying an additional 232 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 61.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 808 shares of the company’s stock worth $41,000 after buying an additional 306 shares in the last quarter. Virtus Wealth Solutions LLC lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 2.8% in the fourth quarter. Virtus Wealth Solutions LLC now owns 13,173 shares of the company’s stock worth $662,000 after buying an additional 359 shares in the last quarter. Finally, GHP Investment Advisors Inc. acquired a new position in Fidelity Low Duration Bond Factor ETF during the first quarter worth about $25,000.

Fidelity Low Duration Bond Factor ETF Price Performance

Shares of BATS FLDR opened at $50.12 on Friday. Fidelity Low Duration Bond Factor ETF has a 12-month low of $49.02 and a 12-month high of $50.62. The company has a 50-day moving average of $50.14 and a 200 day moving average of $50.21.

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.