GUNN & Co INVESTMENT MANAGEMENT INC. Takes $208,000 Position in Fidelity Preferred Securities & Income ETF (BATS:FPFD)

GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new position in shares of Fidelity Preferred Securities & Income ETF (BATS:FPFD) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 10,000 shares of the company’s stock, valued at approximately $208,000. GUNN & Co INVESTMENT MANAGEMENT INC. owned about 0.63% of Fidelity Preferred Securities & Income ETF at the end of the most recent quarter.

Separately, Commonwealth Equity Services LLC lifted its position in shares of Fidelity Preferred Securities & Income ETF by 20.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 33,659 shares of the company’s stock worth $669,000 after buying an additional 5,636 shares during the last quarter.

Fidelity Preferred Securities & Income ETF Stock Up 0.7 %

Shares of Fidelity Preferred Securities & Income ETF stock opened at $21.32 on Monday. The firm has a 50-day moving average of $21.31 and a two-hundred day moving average of $20.82.

About Fidelity Preferred Securities & Income ETF

The Fidelity Preferred Securities & Income ETF (FPFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in preferred and other income producing securities rated at least BB, issued by domestic and foreign issuers, with no specific target maturity. FPFD was launched on Jun 15, 2021 and is managed by Fidelity.