Fidelity Low Duration Bond Factor ETF (BATS:FLDR – Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 13,875 shares, an increase of 460.8% from the August 15th total of 2,474 shares. Based on an average daily volume of 430,433 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s shares are sold short.
Fidelity Low Duration Bond Factor ETF Stock Down 0.1%
FLDR opened at $49.93 on Friday. Fidelity Low Duration Bond Factor ETF has a one year low of $49.02 and a one year high of $50.62. The business has a 50 day simple moving average of $50.09 and a two-hundred day simple moving average of $50.14.
Institutional Trading of Fidelity Low Duration Bond Factor ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC bought a new stake in Fidelity Low Duration Bond Factor ETF in the second quarter valued at $484,000. Kastel Capital Advisors LLC bought a new position in Fidelity Low Duration Bond Factor ETF in the 2nd quarter worth $1,704,000. GK Wealth Management LLC purchased a new stake in shares of Fidelity Low Duration Bond Factor ETF in the 2nd quarter worth about $221,000. Arete Wealth Advisors LLC boosted its stake in shares of Fidelity Low Duration Bond Factor ETF by 13.5% during the 1st quarter. Arete Wealth Advisors LLC now owns 120,505 shares of the company’s stock valued at $6,031,000 after purchasing an additional 14,353 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of Fidelity Low Duration Bond Factor ETF by 4.1% during the first quarter. Bank of America Corp DE now owns 325,763 shares of the company’s stock valued at $16,304,000 after buying an additional 12,686 shares during the period.
About Fidelity Low Duration Bond Factor ETF
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.
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