Fortis Capital Management LLC Acquires New Shares in Fidelity Low Duration Bond Factor ETF $FLDR

Fortis Capital Management LLC purchased a new position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) in the first quarter, Holdings Channel reports. The fund purchased 65,514 shares of the company’s stock, valued at approximately $3,279,000.

Several other large investors also recently made changes to their positions in FLDR. GHP Investment Advisors Inc. bought a new stake in Fidelity Low Duration Bond Factor ETF during the first quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the second quarter valued at about $25,000. Fifth Third Bancorp bought a new position in shares of Fidelity Low Duration Bond Factor ETF in the first quarter worth about $33,000. Basepoint Wealth LLC bought a new position in shares of Fidelity Low Duration Bond Factor ETF in the first quarter worth about $59,000. Finally, Elevated Capital Advisors LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the 4th quarter worth about $88,000.

Fidelity Low Duration Bond Factor ETF Price Performance

FLDR opened at $50.14 on Wednesday. Fidelity Low Duration Bond Factor ETF has a 1-year low of $49.02 and a 1-year high of $50.62. The business has a 50 day moving average of $50.14 and a 200-day moving average of $50.19.

Fidelity Low Duration Bond Factor ETF 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.