Commonwealth Equity Services LLC Buys 86,828 Shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Commonwealth Equity Services LLC grew its stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 35.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 332,214 shares of the company’s stock after purchasing an additional 86,828 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $16,587,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of FLDR. Avantax Advisory Services Inc. bought a new position in shares of Fidelity Low Duration Bond Factor ETF in the 4th quarter worth approximately $520,000. HighTower Advisors LLC grew its stake in Fidelity Low Duration Bond Factor ETF by 1.9% in the fourth quarter. HighTower Advisors LLC now owns 46,914 shares of the company’s stock worth $2,342,000 after purchasing an additional 856 shares during the period. New England Private Wealth Advisors LLC bought a new position in Fidelity Low Duration Bond Factor ETF in the fourth quarter worth $310,000. Independent Advisor Alliance bought a new position in Fidelity Low Duration Bond Factor ETF in the fourth quarter worth $205,000. Finally, Lowery Thomas LLC lifted its position in Fidelity Low Duration Bond Factor ETF by 34.7% during the fourth quarter. Lowery Thomas LLC now owns 65,512 shares of the company’s stock valued at $3,271,000 after buying an additional 16,876 shares during the period.

Fidelity Low Duration Bond Factor ETF Stock Up 0.5 %

BATS:FLDR opened at $50.17 on Tuesday. The firm’s 50-day moving average price is $50.08 and its 200-day moving average price is $50.13. Fidelity Low Duration Bond Factor ETF has a 1-year low of $49.70 and a 1-year high of $52.00.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

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

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.