Lowery Thomas LLC Makes New $2.44 Million Investment in Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Lowery Thomas LLC acquired a new position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 48,636 shares of the company’s stock, valued at approximately $2,442,000. Fidelity Low Duration Bond Factor ETF makes up about 1.7% of Lowery Thomas LLC’s investment portfolio, making the stock its 20th largest holding. Lowery Thomas LLC owned about 0.56% of Fidelity Low Duration Bond Factor ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. bought a new position in shares of Fidelity Low Duration Bond Factor ETF in the 2nd quarter worth $30,000. First Community Trust NA purchased a new position in shares of Fidelity Low Duration Bond Factor ETF during the third quarter worth approximately $114,000. MN Wealth Advisors LLC bought a new position in shares of Fidelity Low Duration Bond Factor ETF during the 2nd quarter valued at $202,000. Lakeridge Wealth Management LLC purchased a new position in Fidelity Low Duration Bond Factor ETF in the 3rd quarter worth $214,000. Finally, Strategic Blueprint LLC lifted its stake in Fidelity Low Duration Bond Factor ETF by 6.4% in the second quarter. Strategic Blueprint LLC now owns 5,409 shares of the company’s stock worth $270,000 after purchasing an additional 323 shares during the last quarter.

Fidelity Low Duration Bond Factor ETF Price Performance

BATS:FLDR opened at $50.11 on Tuesday. The firm’s 50 day moving average price is $50.20 and its two-hundred day moving average price is $50.14.

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.