Fidelity Low Duration Bond Factor ETF (BATS:FLDR) is Cedar Point Capital Partners LLC’s 7th Largest Position

Cedar Point Capital Partners LLC lifted its stake in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 5.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 150,578 shares of the company’s stock after buying an additional 7,934 shares during the period. Fidelity Low Duration Bond Factor ETF comprises about 5.1% of Cedar Point Capital Partners LLC’s holdings, making the stock its 7th largest position. Cedar Point Capital Partners LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $7,518,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Ameritas Advisory Services LLC purchased a new stake in Fidelity Low Duration Bond Factor ETF in the 4th quarter valued at about $578,000. JPMorgan Chase & Co. raised its holdings in shares of Fidelity Low Duration Bond Factor ETF by 42.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,572 shares of the company’s stock worth $79,000 after purchasing an additional 467 shares during the period. Arete Wealth Advisors LLC lifted its stake in Fidelity Low Duration Bond Factor ETF by 63.8% in the third quarter. Arete Wealth Advisors LLC now owns 67,752 shares of the company’s stock valued at $3,402,000 after purchasing an additional 26,400 shares during the last quarter. MML Investors Services LLC grew its holdings in Fidelity Low Duration Bond Factor ETF by 4.4% during the third quarter. MML Investors Services LLC now owns 32,678 shares of the company’s stock valued at $1,641,000 after purchasing an additional 1,373 shares during the period. Finally, HighTower Advisors LLC increased its position in Fidelity Low Duration Bond Factor ETF by 8.7% in the third quarter. HighTower Advisors LLC now owns 46,058 shares of the company’s stock worth $2,314,000 after buying an additional 3,678 shares during the last quarter.

Fidelity Low Duration Bond Factor ETF Stock Performance

Shares of BATS FLDR opened at $50.08 on Thursday. The company’s 50 day moving average price is $50.06 and its two-hundred day moving average price is $50.15.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 30th were given a dividend of $0.219 per share. The ex-dividend date of this dividend was Monday, December 30th.

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.