Wealth Management Resources Inc. Purchases New Holdings in Fidelity Low Duration Bond Factor ETF $FLDR

Wealth Management Resources Inc. purchased a new stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 319,392 shares of the company’s stock, valued at approximately $15,891,000. Fidelity Low Duration Bond Factor ETF makes up approximately 4.9% of Wealth Management Resources Inc.’s investment portfolio, making the stock its 9th biggest holding. Wealth Management Resources Inc. owned approximately 1.71% of Fidelity Low Duration Bond Factor ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of FLDR. NWF Advisory Services Inc. raised its stake in shares of Fidelity Low Duration Bond Factor ETF by 0.6% during the 1st quarter. NWF Advisory Services Inc. now owns 71,273 shares of the company’s stock worth $3,567,000 after purchasing an additional 392 shares in the last quarter. Elevated Capital Advisors LLC boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 23.1% in the 1st quarter. Elevated Capital Advisors LLC now owns 2,162 shares of the company’s stock valued at $108,000 after buying an additional 406 shares during the last quarter. GHP Investment Advisors Inc. acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the 1st quarter valued at approximately $25,000. Fifth Third Bancorp acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the 1st quarter valued at approximately $33,000. Finally, Basepoint Wealth LLC bought a new position in shares of Fidelity Low Duration Bond Factor ETF in the first quarter valued at $59,000.

Fidelity Low Duration Bond Factor ETF Price Performance

BATS:FLDR opened at $49.93 on Wednesday. Fidelity Low Duration Bond Factor ETF has a 1-year low of $49.02 and a 1-year high of $50.62. The firm has a fifty day simple moving average of $49.97 and a 200 day simple moving average of $50.07.

Fidelity Low Duration Bond Factor ETF Company 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.