Planning Directions Inc. Makes New Investment in Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Planning Directions Inc. purchased a new position in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 31,681 shares of the company’s stock, valued at approximately $1,581,000. Fidelity Low Duration Bond Factor ETF comprises 1.1% of Planning Directions Inc.’s holdings, making the stock its 22nd biggest holding. Planning Directions Inc. owned approximately 0.76% of Fidelity Low Duration Bond Factor ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FLDR. Raymond James & Associates acquired a new position in Fidelity Low Duration Bond Factor ETF during the first quarter worth approximately $381,000. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Fidelity Low Duration Bond Factor ETF during the first quarter worth approximately $278,000. Ancora Advisors LLC bought a new stake in shares of Fidelity Low Duration Bond Factor ETF during the first quarter worth approximately $118,000. Royal Bank of Canada boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 13.7% during the first quarter. Royal Bank of Canada now owns 4,566 shares of the company’s stock worth $229,000 after acquiring an additional 551 shares during the period. Finally, Citadel Advisors LLC boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 74.1% during the second quarter. Citadel Advisors LLC now owns 23,551 shares of the company’s stock worth $1,167,000 after acquiring an additional 10,025 shares during the period.

Fidelity Low Duration Bond Factor ETF Stock Performance

Shares of BATS:FLDR remained flat at $49.92 during trading on Friday. The stock had a trading volume of 279,300 shares. The firm has a 50 day moving average price of $49.97 and a 200 day moving average price of $49.85.

Fidelity Low Duration Bond Factor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 1st. Stockholders of record on Tuesday, January 30th were issued a dividend of $0.233 per share. The ex-dividend date was Monday, January 29th. This is a boost from Fidelity Low Duration Bond Factor ETF’s previous dividend of $0.23.

Fidelity Low Duration Bond Factor ETF Company Profile

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.