Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Shares Sold by Secure Asset Management LLC

Secure Asset Management LLC cut its holdings in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 81.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 18,571 shares of the company’s stock after selling 82,224 shares during the quarter. Secure Asset Management LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $932,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. purchased a new position in Fidelity Low Duration Bond Factor ETF during the second quarter worth about $30,000. First Community Trust NA purchased a new position in Fidelity Low Duration Bond Factor ETF during the third quarter worth about $114,000. MN Wealth Advisors LLC purchased a new position in Fidelity Low Duration Bond Factor ETF during the second quarter worth about $202,000. Lakeridge Wealth Management LLC purchased a new position in Fidelity Low Duration Bond Factor ETF during the third quarter worth about $214,000. Finally, Strategic Blueprint LLC lifted its position in Fidelity Low Duration Bond Factor ETF by 6.4% during the second quarter. Strategic Blueprint LLC now owns 5,409 shares of the company’s stock worth $270,000 after buying an additional 323 shares during the period.

Fidelity Low Duration Bond Factor ETF Trading Up 0.1 %

Fidelity Low Duration Bond Factor ETF stock opened at $50.20 on Friday. The stock has a 50 day moving average price of $50.27 and a 200-day moving average price of $50.10.

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.