Kestra Advisory Services LLC Boosts Stock Position in Fidelity Low Duration Bond Factor ETF $FLDR

Kestra Advisory Services LLC increased its holdings in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 22.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 302,142 shares of the company’s stock after buying an additional 55,742 shares during the period. Kestra Advisory Services LLC owned about 1.62% of Fidelity Low Duration Bond Factor ETF worth $15,122,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. raised its position in Fidelity Low Duration Bond Factor ETF by 2,486.6% during the second quarter. Raymond James Financial Inc. now owns 578,139 shares of the company’s stock worth $28,947,000 after acquiring an additional 555,788 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at about $13,677,000. Financially Speaking Inc grew its position in shares of Fidelity Low Duration Bond Factor ETF by 223.8% in the fourth quarter. Financially Speaking Inc now owns 349,000 shares of the company’s stock valued at $17,530,000 after purchasing an additional 241,216 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Fidelity Low Duration Bond Factor ETF by 47.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 644,156 shares of the company’s stock worth $32,356,000 after purchasing an additional 205,846 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in shares of Fidelity Low Duration Bond Factor ETF by 400.1% during the second quarter. Jane Street Group LLC now owns 194,017 shares of the company’s stock worth $9,714,000 after purchasing an additional 155,224 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Price Performance

Shares of FLDR remained flat at $50.15 during mid-day trading on Friday. 148,768 shares of the company traded hands, compared to its average volume of 351,403. Fidelity Low Duration Bond Factor ETF has a 52-week low of $49.02 and a 52-week high of $50.62. The firm’s fifty day simple moving average is $50.14 and its 200 day simple moving average is $50.20.

Fidelity Low Duration Bond Factor ETF Company 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. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.