Arwa LLC Makes New $1.69 Million Investment in Fidelity Corporate Bond ETF $FCOR

Arwa LLC purchased a new position in shares of Fidelity Corporate Bond ETF (NYSEARCA:FCOR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 35,315 shares of the company’s stock, valued at approximately $1,689,000. Fidelity Corporate Bond ETF makes up approximately 1.0% of Arwa LLC’s holdings, making the stock its 22nd biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Cetera Investment Advisers raised its holdings in shares of Fidelity Corporate Bond ETF by 693.4% in the fourth quarter. Cetera Investment Advisers now owns 204,731 shares of the company’s stock valued at $9,792,000 after acquiring an additional 178,926 shares in the last quarter. OneDigital Investment Advisors LLC grew its holdings in Fidelity Corporate Bond ETF by 147.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 133,936 shares of the company’s stock worth $6,429,000 after acquiring an additional 79,842 shares in the last quarter. Jaffetilchin Investment Partners LLC grew its holdings in Fidelity Corporate Bond ETF by 99.6% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 117,716 shares of the company’s stock worth $5,630,000 after acquiring an additional 58,744 shares in the last quarter. Jane Street Group LLC purchased a new position in Fidelity Corporate Bond ETF during the 2nd quarter valued at about $2,252,000. Finally, Citadel Advisors LLC purchased a new position in Fidelity Corporate Bond ETF during the 3rd quarter valued at about $1,325,000.

Fidelity Corporate Bond ETF Stock Performance

NYSEARCA:FCOR opened at $47.27 on Friday. The firm has a 50-day simple moving average of $47.25 and a 200-day simple moving average of $47.63. Fidelity Corporate Bond ETF has a one year low of $46.57 and a one year high of $48.79.

Fidelity Corporate Bond ETF Profile

The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.