Lakeridge Wealth Management LLC Buys 2,063 Shares of Fidelity Low Duration Bond Factor ETF $FLDR

Lakeridge Wealth Management LLC lifted its stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 4.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,093 shares of the company’s stock after buying an additional 2,063 shares during the quarter. Fidelity Low Duration Bond Factor ETF comprises 1.2% of Lakeridge Wealth Management LLC’s portfolio, making the stock its 21st biggest holding. Lakeridge Wealth Management LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $2,508,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. ORG Partners LLC purchased a new stake in Fidelity Low Duration Bond Factor ETF in the 2nd quarter worth approximately $87,000. IFP Advisors Inc boosted its position in shares of Fidelity Low Duration Bond Factor ETF by 19.4% in the first quarter. IFP Advisors Inc now owns 1,948 shares of the company’s stock worth $98,000 after purchasing an additional 316 shares during the period. West Branch Capital LLC purchased a new stake in shares of Fidelity Low Duration Bond Factor ETF in the second quarter worth $116,000. LongView Wealth Management bought a new stake in shares of Fidelity Low Duration Bond Factor ETF during the 2nd quarter valued at $210,000. Finally, Addison Capital Co purchased a new position in shares of Fidelity Low Duration Bond Factor ETF during the 1st quarter valued at $224,000.

Fidelity Low Duration Bond Factor ETF Stock Up 0.7%

Shares of Fidelity Low Duration Bond Factor ETF stock opened at $50.29 on Tuesday. Fidelity Low Duration Bond Factor ETF has a fifty-two week low of $49.73 and a fifty-two week high of $52.00. The company has a fifty day moving average of $50.31 and a 200 day moving average of $50.18.

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.