Absolute Capital Management LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,957 shares of the company’s stock, valued at approximately $248,000.
Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in Fidelity Low Duration Bond Factor ETF by 42.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,572 shares of the company’s stock valued at $79,000 after purchasing an additional 467 shares during the last quarter. Global Retirement Partners LLC acquired a new position in Fidelity Low Duration Bond Factor ETF in the 4th quarter valued at $112,000. Independent Advisor Alliance acquired a new position in Fidelity Low Duration Bond Factor ETF in the 4th quarter valued at $205,000. GWN Securities Inc. acquired a new position in Fidelity Low Duration Bond Factor ETF in the 4th quarter valued at $244,000. Finally, J.W. Cole Advisors Inc. grew its holdings in Fidelity Low Duration Bond Factor ETF by 22.5% in the 4th quarter. J.W. Cole Advisors Inc. now owns 5,240 shares of the company’s stock valued at $262,000 after buying an additional 964 shares in the last quarter.
Fidelity Low Duration Bond Factor ETF Stock Performance
Shares of BATS:FLDR opened at $50.23 on Friday. The business has a fifty day moving average of $50.09 and a two-hundred day moving average of $50.13. Fidelity Low Duration Bond Factor ETF has a 52-week low of $49.70 and a 52-week high of $52.00.
Fidelity Low Duration Bond Factor ETF Cuts Dividend
About Fidelity Low Duration Bond Factor ETF
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.
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