BG Investment Services LLC Raises Position in Fidelity High Yield Factor ETF $FDHY

BG Investment Services LLC lifted its holdings in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 35.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 77,994 shares of the company’s stock after acquiring an additional 20,330 shares during the period. Fidelity High Yield Factor ETF comprises about 3.4% of BG Investment Services LLC’s holdings, making the stock its 7th biggest position. BG Investment Services LLC’s holdings in Fidelity High Yield Factor ETF were worth $3,847,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the business. Financial Management Professionals Inc. raised its stake in Fidelity High Yield Factor ETF by 10.7% during the fourth quarter. Financial Management Professionals Inc. now owns 451,872 shares of the company’s stock worth $22,427,000 after acquiring an additional 43,498 shares in the last quarter. Wise Wealth Partners bought a new stake in shares of Fidelity High Yield Factor ETF during the 4th quarter valued at approximately $1,801,000. Jane Street Group LLC increased its position in Fidelity High Yield Factor ETF by 154.8% during the 2nd quarter. Jane Street Group LLC now owns 37,965 shares of the company’s stock worth $1,855,000 after purchasing an additional 23,065 shares in the last quarter. BG Investment Services Inc. increased its position in Fidelity High Yield Factor ETF by 66.3% during the 3rd quarter. BG Investment Services Inc. now owns 57,664 shares of the company’s stock worth $2,843,000 after purchasing an additional 22,986 shares in the last quarter. Finally, Flavin Financial Services Inc. lifted its stake in Fidelity High Yield Factor ETF by 28.7% in the 3rd quarter. Flavin Financial Services Inc. now owns 101,309 shares of the company’s stock valued at $4,995,000 after purchasing an additional 22,580 shares during the last quarter.

Fidelity High Yield Factor ETF Stock Performance

Shares of Fidelity High Yield Factor ETF stock opened at $49.16 on Thursday. The company’s 50 day moving average price is $49.02 and its two-hundred day moving average price is $49.24. Fidelity High Yield Factor ETF has a fifty-two week low of $47.98 and a fifty-two week high of $49.71.

Fidelity High Yield Factor ETF Company Profile

The Fidelity High Yield Factor ETF (FDHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund using a quantitative screen to select high-yield bonds issued by US and foreign corporations. The fund seeks a high level of income, and may also seek capital appreciation. FDHY was launched on Jun 12, 2018 and is managed by Fidelity.