Flavin Financial Services Inc. Has $3.85 Million Stake in Fidelity High Yield Factor ETF $FDHY

Flavin Financial Services Inc. boosted its holdings in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 1.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 78,729 shares of the company’s stock after purchasing an additional 1,225 shares during the period. Fidelity High Yield Factor ETF comprises approximately 3.7% of Flavin Financial Services Inc.’s investment portfolio, making the stock its 6th biggest position. Flavin Financial Services Inc. owned 0.95% of Fidelity High Yield Factor ETF worth $3,846,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of FDHY. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Fidelity High Yield Factor ETF by 112.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 63,349 shares of the company’s stock valued at $3,043,000 after acquiring an additional 33,599 shares during the last quarter. Golden State Wealth Management LLC raised its position in Fidelity High Yield Factor ETF by 101.3% during the 1st quarter. Golden State Wealth Management LLC now owns 1,280 shares of the company’s stock worth $61,000 after purchasing an additional 644 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Fidelity High Yield Factor ETF by 31.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,805 shares of the company’s stock worth $375,000 after purchasing an additional 1,868 shares during the last quarter. Axxcess Wealth Management LLC raised its position in shares of Fidelity High Yield Factor ETF by 52.8% in the 1st quarter. Axxcess Wealth Management LLC now owns 36,135 shares of the company’s stock worth $1,736,000 after acquiring an additional 12,486 shares in the last quarter. Finally, Evergreen Private Wealth LLC raised its position in shares of Fidelity High Yield Factor ETF by 1.8% in the 1st quarter. Evergreen Private Wealth LLC now owns 46,999 shares of the company’s stock worth $2,258,000 after acquiring an additional 829 shares in the last quarter.

Fidelity High Yield Factor ETF Price Performance

FDHY stock opened at $49.21 on Friday. The stock has a 50-day moving average price of $49.23 and a 200-day moving average price of $48.55. Fidelity High Yield Factor ETF has a 1-year low of $45.41 and a 1-year 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.