Valmark Advisers Inc. Purchases 1,832 Shares of Fidelity Corporate Bond ETF $FCOR

Valmark Advisers Inc. raised its position in shares of Fidelity Corporate Bond ETF (NYSEARCA:FCOR) by 4.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,901 shares of the company’s stock after acquiring an additional 1,832 shares during the period. Valmark Advisers Inc. owned approximately 0.75% of Fidelity Corporate Bond ETF worth $2,030,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Silver Oak Securities Incorporated bought a new position in shares of Fidelity Corporate Bond ETF in the first quarter worth about $202,000. Norris Perne & French LLP MI grew its holdings in shares of Fidelity Corporate Bond ETF by 6.1% in the second quarter. Norris Perne & French LLP MI now owns 4,782 shares of the company’s stock worth $226,000 after purchasing an additional 277 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Fidelity Corporate Bond ETF in the second quarter worth about $235,000. Hoxton Planning & Management LLC bought a new position in shares of Fidelity Corporate Bond ETF in the first quarter worth about $268,000. Finally, Grant Private Wealth Management Inc bought a new position in shares of Fidelity Corporate Bond ETF in the second quarter worth about $355,000.

Fidelity Corporate Bond ETF Stock Performance

NYSEARCA FCOR opened at $48.08 on Thursday. The company’s 50-day moving average price is $47.83 and its 200-day moving average price is $47.08. Fidelity Corporate Bond ETF has a 12 month low of $45.00 and a 12 month high of $48.55.

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.