Cedar Point Capital Partners LLC Sells 33,724 Shares of Fidelity Low Duration Bond Factor ETF $FLDR

Cedar Point Capital Partners LLC lessened its holdings in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 22.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 117,192 shares of the company’s stock after selling 33,724 shares during the quarter. Fidelity Low Duration Bond Factor ETF comprises about 4.1% of Cedar Point Capital Partners LLC’s holdings, making the stock its 9th biggest holding. Cedar Point Capital Partners LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $5,868,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Huntleigh Advisors Inc. acquired a new stake in Fidelity Low Duration Bond Factor ETF in the second quarter valued at approximately $8,314,000. Commonwealth Equity Services LLC raised its holdings in Fidelity Low Duration Bond Factor ETF by 41.5% in the first quarter. Commonwealth Equity Services LLC now owns 469,963 shares of the company’s stock valued at $23,555,000 after acquiring an additional 137,749 shares in the last quarter. LPL Financial LLC raised its holdings in Fidelity Low Duration Bond Factor ETF by 31.0% in the first quarter. LPL Financial LLC now owns 397,435 shares of the company’s stock valued at $19,919,000 after acquiring an additional 94,120 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in Fidelity Low Duration Bond Factor ETF by 226.2% in the first quarter. Kestra Advisory Services LLC now owns 132,189 shares of the company’s stock valued at $6,625,000 after acquiring an additional 91,661 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its holdings in Fidelity Low Duration Bond Factor ETF by 286.6% in the first quarter. Foundations Investment Advisors LLC now owns 111,018 shares of the company’s stock valued at $5,564,000 after acquiring an additional 82,300 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Stock Up 1.0%

Shares of BATS:FLDR opened at $50.46 on Wednesday. The firm’s 50 day moving average price is $50.31 and its 200 day moving average price is $50.15. Fidelity Low Duration Bond Factor ETF has a fifty-two week low of $49.73 and a fifty-two week high of $52.00.

Fidelity Low Duration Bond Factor ETF 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.