Marshall Financial Group LLC Buys New Holdings in Fidelity Corporate Bond ETF (NYSEARCA:FCOR)

Marshall Financial Group LLC purchased a new position in Fidelity Corporate Bond ETF (NYSEARCA:FCOR) in the third quarter, Holdings Channel reports. The fund purchased 16,890 shares of the company’s stock, valued at approximately $816,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. lifted its position in shares of Fidelity Corporate Bond ETF by 44.1% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,800 shares of the company’s stock worth $221,000 after purchasing an additional 1,469 shares during the last quarter. J.W. Cole Advisors Inc. lifted its holdings in Fidelity Corporate Bond ETF by 9.4% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 6,042 shares of the company’s stock worth $278,000 after buying an additional 521 shares during the last quarter. Creative Planning purchased a new stake in Fidelity Corporate Bond ETF during the 2nd quarter worth about $313,000. Norris Perne & French LLP MI boosted its position in shares of Fidelity Corporate Bond ETF by 15.1% during the 1st quarter. Norris Perne & French LLP MI now owns 8,193 shares of the company’s stock worth $381,000 after acquiring an additional 1,075 shares in the last quarter. Finally, Park Avenue Securities LLC increased its holdings in shares of Fidelity Corporate Bond ETF by 64.8% in the 1st quarter. Park Avenue Securities LLC now owns 8,720 shares of the company’s stock valued at $405,000 after acquiring an additional 3,428 shares during the last quarter.

Fidelity Corporate Bond ETF Stock Performance

FCOR stock opened at $47.68 on Friday. The business has a 50 day moving average price of $48.08 and a 200 day moving average price of $46.86. Fidelity Corporate Bond ETF has a fifty-two week low of $42.57 and a fifty-two week high of $49.09.

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.