Park Avenue Securities LLC Invests $554,000 in Fidelity Corporate Bond ETF $FCOR

Park Avenue Securities LLC bought a new stake in Fidelity Corporate Bond ETF (NYSEARCA:FCOR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,550 shares of the company’s stock, valued at approximately $554,000. Park Avenue Securities LLC owned 0.20% of Fidelity Corporate Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Grant Private Wealth Management Inc bought a new position in shares of Fidelity Corporate Bond ETF during the second quarter worth about $355,000. Retireful LLC bought a new stake in Fidelity Corporate Bond ETF in the 2nd quarter valued at $3,227,000. Norris Perne & French LLP MI raised its position 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 valued at $226,000 after purchasing an additional 277 shares during the period. Ameritas Advisory Services LLC bought a new position in Fidelity Corporate Bond ETF in the 2nd quarter valued at about $235,000. Finally, Valmark Advisers Inc. increased its stake in shares of Fidelity Corporate Bond ETF by 4.5% during the second quarter. Valmark Advisers Inc. now owns 42,901 shares of the company’s stock worth $2,030,000 after purchasing an additional 1,832 shares during the period.

Fidelity Corporate Bond ETF Price Performance

FCOR opened at $48.06 on Friday. Fidelity Corporate Bond ETF has a fifty-two week low of $45.00 and a fifty-two week high of $48.79. The stock has a fifty day moving average of $48.02 and a 200-day moving average of $47.85.

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.