Financially Speaking Inc Acquires 241,216 Shares of Fidelity Low Duration Bond Factor ETF $FLDR

Financially Speaking Inc boosted its holdings in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 223.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 349,000 shares of the company’s stock after acquiring an additional 241,216 shares during the quarter. Fidelity Low Duration Bond Factor ETF makes up approximately 11.3% of Financially Speaking Inc’s holdings, making the stock its 4th biggest holding. Financially Speaking Inc’s holdings in Fidelity Low Duration Bond Factor ETF were worth $17,530,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. acquired a new stake in Fidelity Low Duration Bond Factor ETF in the second quarter valued at about $25,000. Elevated Capital Advisors LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at about $88,000. Farther Finance Advisors LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at about $100,000. WPG Advisers LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at about $165,000. Finally, GK Wealth Management LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at about $222,000.

Fidelity Low Duration Bond Factor ETF Price Performance

Shares of FLDR stock opened at $50.17 on Friday. The business’s 50-day moving average price is $50.13 and its 200-day moving average price is $50.22. Fidelity Low Duration Bond Factor ETF has a 12 month low of $49.02 and a 12 month high of $50.62.

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. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.