Sugar Maple Asset Management LLC Takes $577,000 Position in Fidelity Corporate Bond ETF $FCOR

Sugar Maple Asset Management LLC purchased a new stake in shares of Fidelity Corporate Bond ETF (NYSEARCA:FCOR) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 12,066 shares of the company’s stock, valued at approximately $577,000. Sugar Maple Asset Management LLC owned 0.18% of Fidelity Corporate Bond ETF as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the stock. OneDigital Investment Advisors LLC increased its position in Fidelity Corporate Bond ETF by 147.6% during the third quarter. OneDigital Investment Advisors LLC now owns 133,936 shares of the company’s stock valued at $6,429,000 after acquiring an additional 79,842 shares during the last quarter. Jaffetilchin Investment Partners LLC lifted its holdings in shares of Fidelity Corporate Bond ETF by 99.6% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 117,716 shares of the company’s stock worth $5,630,000 after acquiring an additional 58,744 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Fidelity Corporate Bond ETF in the 2nd quarter worth about $2,252,000. Citadel Advisors LLC purchased a new position in shares of Fidelity Corporate Bond ETF during the 3rd quarter worth about $1,325,000. Finally, Osaic Holdings Inc. boosted its stake in shares of Fidelity Corporate Bond ETF by 634.2% during the 2nd quarter. Osaic Holdings Inc. now owns 27,592 shares of the company’s stock worth $1,307,000 after purchasing an additional 23,834 shares during the period.

Fidelity Corporate Bond ETF Stock Performance

Shares of NYSEARCA:FCOR opened at $47.30 on Friday. Fidelity Corporate Bond ETF has a 12 month low of $45.00 and a 12 month high of $48.79. The firm’s 50-day moving average is $47.76 and its 200 day moving average is $47.98.

Fidelity Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were paid a dividend of $0.17 per share. This is a positive change from Fidelity Corporate Bond ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Thursday, February 26th.

About Fidelity Corporate Bond ETF

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.