Advisory Services Network LLC Cuts Position in Fidelity Corporate Bond ETF (NYSEARCA:FCOR)

Advisory Services Network LLC reduced its stake in shares of Fidelity Corporate Bond ETF (NYSEARCA:FCOR) by 5.0% in the fourth quarter, HoldingsChannel reports. The firm owned 12,410 shares of the company’s stock after selling 647 shares during the period. Advisory Services Network LLC’s holdings in Fidelity Corporate Bond ETF were worth $576,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. FMR LLC lifted its position in shares of Fidelity Corporate Bond ETF by 150.9% during the third quarter. FMR LLC now owns 567 shares of the company’s stock valued at $27,000 after buying an additional 341 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Fidelity Corporate Bond ETF by 266.5% during the fourth quarter. Jones Financial Companies Lllp now owns 733 shares of the company’s stock valued at $34,000 after acquiring an additional 533 shares during the last quarter. Spire Wealth Management purchased a new position in Fidelity Corporate Bond ETF in the fourth quarter worth $43,000. Noble Wealth Management PBC acquired a new position in shares of Fidelity Corporate Bond ETF during the fourth quarter worth $160,000. Finally, McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Fidelity Corporate Bond ETF during the 4th quarter valued at $212,000.

Fidelity Corporate Bond ETF Stock Up 0.2 %

Shares of NYSEARCA:FCOR opened at $46.09 on Wednesday. The business’s 50-day moving average is $46.76 and its 200 day moving average is $46.88. Fidelity Corporate Bond ETF has a 1 year low of $44.98 and a 1 year high of $49.09.

Fidelity Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 28th were issued a dividend of $0.166 per share. The ex-dividend date of this dividend was Friday, March 28th.

Fidelity Corporate Bond ETF Company Profile

The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.