Global Wealth Strategies & Associates grew its position in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC – Free Report) by 12.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 213,061 shares of the company’s stock after buying an additional 24,332 shares during the quarter. Fidelity Investment Grade Securitized ETF accounts for approximately 1.8% of Global Wealth Strategies & Associates’ holdings, making the stock its 14th biggest holding. Global Wealth Strategies & Associates owned 0.21% of Fidelity Investment Grade Securitized ETF worth $9,341,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in FSEC. Cetera Investment Advisers boosted its position in shares of Fidelity Investment Grade Securitized ETF by 2,051.6% in the 4th quarter. Cetera Investment Advisers now owns 341,761 shares of the company’s stock worth $15,082,000 after buying an additional 325,877 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Fidelity Investment Grade Securitized ETF by 1,860.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 142,653 shares of the company’s stock valued at $6,295,000 after acquiring an additional 135,377 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in Fidelity Investment Grade Securitized ETF during the first quarter worth about $2,903,000. Flow Traders U.S. LLC acquired a new position in Fidelity Investment Grade Securitized ETF during the third quarter worth about $2,076,000. Finally, Goldman Sachs Group Inc. acquired a new position in Fidelity Investment Grade Securitized ETF during the first quarter worth about $1,384,000.
Fidelity Investment Grade Securitized ETF Price Performance
Shares of NYSEARCA FSEC opened at $43.27 on Monday. The firm’s 50-day moving average is $43.75 and its two-hundred day moving average is $44.03. Fidelity Investment Grade Securitized ETF has a 12-month low of $42.97 and a 12-month high of $45.60.
Fidelity Investment Grade Securitized ETF Company Profile
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.
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