Wealth Enhancement Advisory Services LLC Boosts Holdings in Fidelity Investment Grade Securitized ETF $FSEC

Wealth Enhancement Advisory Services LLC lifted its position in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) by 25.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 66,495 shares of the company’s stock after buying an additional 13,542 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Fidelity Investment Grade Securitized ETF were worth $2,938,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Advisory Services Network LLC purchased a new stake in Fidelity Investment Grade Securitized ETF during the third quarter valued at $27,000. Bank of America Corp DE bought a new position in shares of Fidelity Investment Grade Securitized ETF in the 4th quarter worth approximately $45,000. Raymond James Financial Inc. purchased a new position in shares of Fidelity Investment Grade Securitized ETF in the second quarter worth approximately $52,000. Cornerstone Planning Group LLC bought a new stake in Fidelity Investment Grade Securitized ETF during the third quarter valued at approximately $82,000. Finally, AE Wealth Management LLC purchased a new stake in Fidelity Investment Grade Securitized ETF during the third quarter valued at approximately $97,000.

Fidelity Investment Grade Securitized ETF Trading Up 0.2%

FSEC opened at $43.92 on Thursday. The firm’s 50 day simple moving average is $44.30 and its two-hundred day simple moving average is $44.38. Fidelity Investment Grade Securitized ETF has a 1-year low of $41.98 and a 1-year high of $45.60.

Fidelity Investment Grade Securitized ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 26th were issued a $0.136 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 3.7%. This is an increase from Fidelity Investment Grade Securitized ETF’s previous monthly dividend of $0.13.

About Fidelity Investment Grade Securitized ETF

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.