Fidelity Corporate Bond ETF (NYSEARCA:FCOR – Get Free Report) shares shot up 0.1% on Thursday. The company traded as high as $45.69 and last traded at $45.61. Approximately 51,327 shares were traded during mid-day trading, an increase of 18% from the average session volume of 43,387 shares. The stock had previously closed at $45.56.
Fidelity Corporate Bond ETF Trading Up 0.1%
The company’s 50 day moving average price is $45.37 and its 200-day moving average price is $46.77.
Institutional Trading of Fidelity Corporate Bond ETF
A number of institutional investors have recently modified their holdings of FCOR. Kestra Advisory Services LLC raised its position in Fidelity Corporate Bond ETF by 48.4% in the first quarter. Kestra Advisory Services LLC now owns 357,600 shares of the company’s stock valued at $16,854,000 after purchasing an additional 116,695 shares during the period. Cetera Investment Advisers raised its holdings in shares of Fidelity Corporate Bond ETF by 15.3% during the 1st quarter. Cetera Investment Advisers now owns 236,088 shares of the company’s stock valued at $11,127,000 after buying an additional 31,357 shares during the period. Midwest Financial Network LLC raised its holdings in shares of Fidelity Corporate Bond ETF by 156.9% during the 3rd quarter. Midwest Financial Network LLC now owns 53,163 shares of the company’s stock valued at $2,373,000 after buying an additional 32,471 shares during the period. IFP Advisors Inc lifted its position in Fidelity Corporate Bond ETF by 2.6% during the 3rd quarter. IFP Advisors Inc now owns 12,334 shares of the company’s stock worth $551,000 after acquiring an additional 314 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. lifted its position in Fidelity Corporate Bond ETF by 40.4% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 6,373 shares of the company’s stock worth $284,000 after acquiring an additional 1,835 shares in the last quarter.
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.
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