65,514 Shares in Fidelity Low Duration Bond Factor ETF $FLDR Purchased by Fortis Capital Management LLC

Fortis Capital Management LLC bought a new stake in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 65,514 shares of the company’s stock, valued at approximately $3,279,000. Fortis Capital Management LLC owned 0.35% of Fidelity Low Duration Bond Factor ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in shares of Fidelity Low Duration Bond Factor ETF by 170.5% in the 1st quarter. Royal Bank of Canada now owns 88,616 shares of the company’s stock worth $4,441,000 after purchasing an additional 55,851 shares in the last quarter. Jane Street Group LLC boosted its holdings in Fidelity Low Duration Bond Factor ETF by 14.9% during the first quarter. Jane Street Group LLC now owns 38,793 shares of the company’s stock worth $1,944,000 after buying an additional 5,044 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in Fidelity Low Duration Bond Factor ETF during the second quarter worth approximately $25,000. Raymond James Financial Inc. boosted its holdings in Fidelity Low Duration Bond Factor ETF by 2,486.6% during the second quarter. Raymond James Financial Inc. now owns 578,139 shares of the company’s stock worth $28,947,000 after buying an additional 555,788 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Fidelity Low Duration Bond Factor ETF by 7.5% in the second quarter. Bank of America Corp DE now owns 254,599 shares of the company’s stock worth $12,748,000 after buying an additional 17,670 shares during the last quarter.

Fidelity Low Duration Bond Factor ETF Stock Down 0.1%

BATS 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’s fifty day moving average is $50.14 and its two-hundred day moving average is $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.