Bellwether Advisors LLC Makes New $67,000 Investment in Fidelity Corporate Bond ETF (NYSEARCA:FCOR)

Bellwether Advisors LLC acquired a new position in shares of Fidelity Corporate Bond ETF (NYSEARCA:FCOR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,453 shares of the company’s stock, valued at approximately $67,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its stake in shares of Fidelity Corporate Bond ETF by 266.5% in the 4th quarter. Jones Financial Companies Lllp now owns 733 shares of the company’s stock valued at $34,000 after acquiring an additional 533 shares during the last quarter. Spire Wealth Management bought a new stake in shares of Fidelity Corporate Bond ETF in the 4th quarter valued at about $43,000. Noble Wealth Management PBC bought a new stake in shares of Fidelity Corporate Bond ETF in the 4th quarter valued at about $160,000. McGlone Suttner Wealth Management Inc. bought a new stake in shares of Fidelity Corporate Bond ETF in the 4th quarter valued at about $212,000. Finally, Virtus Wealth Solutions LLC acquired a new position in shares of Fidelity Corporate Bond ETF in the 4th quarter valued at approximately $227,000.

Fidelity Corporate Bond ETF Trading Up 0.2 %

Shares of FCOR opened at $46.87 on Tuesday. The stock has a 50 day simple moving average of $46.72 and a 200 day simple moving average of $46.77. Fidelity Corporate Bond ETF has a 52-week low of $45.00 and a 52-week high of $49.09.

Fidelity Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 28th were given a $0.166 dividend. The ex-dividend date was Friday, March 28th.

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.