Sagespring Wealth Partners LLC Has $244.43 Million Holdings in Fidelity Corporate Bond ETF (NYSEARCA:FCOR)

Sagespring Wealth Partners LLC grew its position in Fidelity Corporate Bond ETF (NYSEARCA:FCOR) by 2.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,205,000 shares of the company’s stock after purchasing an additional 102,000 shares during the period. Fidelity Corporate Bond ETF makes up approximately 2.4% of Sagespring Wealth Partners LLC’s holdings, making the stock its 7th biggest position. Sagespring Wealth Partners LLC owned 103.07% of Fidelity Corporate Bond ETF worth $244,427,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FCOR. Valmark Advisers Inc. grew its position in Fidelity Corporate Bond ETF by 8.3% in the 4th quarter. Valmark Advisers Inc. now owns 42,380 shares of the company’s stock worth $1,966,000 after purchasing an additional 3,260 shares during the last quarter. Concurrent Investment Advisors LLC bought a new position in Fidelity Corporate Bond ETF in the 4th quarter worth about $695,000. Sigma Planning Corp grew its position in Fidelity Corporate Bond ETF by 9.4% in the 4th quarter. Sigma Planning Corp now owns 5,329 shares of the company’s stock worth $247,000 after purchasing an additional 456 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Fidelity Corporate Bond ETF by 14.5% in the fourth quarter. IFP Advisors Inc now owns 16,270 shares of the company’s stock valued at $755,000 after acquiring an additional 2,059 shares in the last quarter. Finally, Millington Financial Advisors LLC boosted its holdings in shares of Fidelity Corporate Bond ETF by 23.9% in the fourth quarter. Millington Financial Advisors LLC now owns 43,399 shares of the company’s stock valued at $2,014,000 after acquiring an additional 8,366 shares in the last quarter.

Fidelity Corporate Bond ETF Trading Down 0.6%

Fidelity Corporate Bond ETF stock opened at $46.77 on Monday. The firm has a 50 day simple moving average of $46.39 and a 200-day simple moving average of $46.62. Fidelity Corporate Bond ETF has a 12-month low of $45.00 and a 12-month high of $49.09.

About Fidelity Corporate Bond ETF

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.