Valmark Advisers Inc. Grows Stock Holdings in Fidelity Corporate Bond ETF $FCOR

Valmark Advisers Inc. raised its position in shares of Fidelity Corporate Bond ETF (NYSEARCA:FCOR) by 4.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 42,901 shares of the company’s stock after buying an additional 1,832 shares during the quarter. Valmark Advisers Inc.’s holdings in Fidelity Corporate Bond ETF were worth $2,030,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Silver Oak Securities Incorporated purchased a new position in shares of Fidelity Corporate Bond ETF in the 1st quarter valued at approximately $202,000. Norris Perne & French LLP MI raised its position in shares of Fidelity Corporate Bond ETF by 6.1% in the 2nd quarter. Norris Perne & French LLP MI now owns 4,782 shares of the company’s stock valued at $226,000 after purchasing an additional 277 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of Fidelity Corporate Bond ETF in the 2nd quarter valued at approximately $235,000. Hoxton Planning & Management LLC purchased a new position in shares of Fidelity Corporate Bond ETF in the 1st quarter valued at approximately $268,000. Finally, Grant Private Wealth Management Inc purchased a new position in shares of Fidelity Corporate Bond ETF in the 2nd quarter valued at approximately $355,000.

Fidelity Corporate Bond ETF Stock Down 0.0%

Shares of Fidelity Corporate Bond ETF stock opened at $48.08 on Thursday. The company has a 50 day moving average price of $47.83 and a 200 day moving average price of $47.08. Fidelity Corporate Bond ETF has a 52 week low of $45.00 and a 52 week high of $48.55.

Fidelity Corporate Bond ETF 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.