Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Sees Unusually-High Trading Volume – Here’s What Happened

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) shares saw unusually-strong trading volume on Wednesday . Approximately 743,325 shares changed hands during trading, an increase of 136% from the previous session’s volume of 315,447 shares.The stock last traded at $43.43 and had previously closed at $43.40.

Fidelity Investment Grade Securitized ETF Trading Down 0.1 %

The stock’s fifty day moving average is $42.91 and its two-hundred day moving average is $43.20.

Fidelity Investment Grade Securitized ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were issued a dividend of $0.126 per share. The ex-dividend date of this dividend was Thursday, February 27th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FSEC. FMR LLC boosted its holdings in shares of Fidelity Investment Grade Securitized ETF by 186.9% in the 4th quarter. FMR LLC now owns 71,194,035 shares of the company’s stock valued at $3,025,853,000 after buying an additional 46,379,503 shares during the period. Jane Street Group LLC acquired a new position in shares of Fidelity Investment Grade Securitized ETF in the 4th quarter valued at about $4,479,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Fidelity Investment Grade Securitized ETF in the 4th quarter valued at about $2,140,000. MML Investors Services LLC acquired a new position in shares of Fidelity Investment Grade Securitized ETF in the 3rd quarter valued at about $1,312,000. Finally, Citadel Advisors LLC boosted its holdings in shares of Fidelity Investment Grade Securitized ETF by 13.7% in the 4th quarter. Citadel Advisors LLC now owns 27,998 shares of the company’s stock valued at $1,190,000 after buying an additional 3,371 shares during the period.

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.