Fidelity Low Duration Bond Factor ETF $FLDR Stock Purchased by Elm3 Financial Group LLC

Elm3 Financial Group LLC increased its stake in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 60.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 37,351 shares of the company’s stock after purchasing an additional 14,101 shares during the period. Fidelity Low Duration Bond Factor ETF makes up 1.3% of Elm3 Financial Group LLC’s investment portfolio, making the stock its 19th biggest position. Elm3 Financial Group LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $1,858,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Financially Speaking Inc lifted its stake in 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 worth $17,530,000 after acquiring an additional 241,216 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 4.1% in the 1st quarter. Bank of America Corp DE now owns 325,763 shares of the company’s stock valued at $16,304,000 after purchasing an additional 12,686 shares during the last quarter. Kestra Advisory Services LLC increased its position in Fidelity Low Duration Bond Factor ETF by 22.6% during the first quarter. Kestra Advisory Services LLC now owns 302,142 shares of the company’s stock worth $15,122,000 after buying an additional 55,742 shares during the period. Envestnet Asset Management Inc. lifted its stake in Fidelity Low Duration Bond Factor ETF by 9.8% in the second quarter. Envestnet Asset Management Inc. now owns 207,532 shares of the company’s stock valued at $10,399,000 after buying an additional 18,496 shares during the last quarter. Finally, Koshinski Asset Management Inc. boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 55.5% in the first quarter. Koshinski Asset Management Inc. now owns 175,834 shares of the company’s stock valued at $8,800,000 after acquiring an additional 62,784 shares during the period.

Fidelity Low Duration Bond Factor ETF Stock Performance

Shares of FLDR traded down $0.01 during mid-day trading on Wednesday, reaching $49.79. 124,392 shares of the company’s stock were exchanged, compared to its average volume of 332,258. Fidelity Low Duration Bond Factor ETF has a 52-week low of $49.02 and a 52-week high of $50.62. The business’s fifty day simple moving average is $50.00 and its 200-day simple moving average is $50.09.

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.