Kraft Davis & Associates LLC Has $8.72 Million Stock Holdings in Fidelity Low Duration Bond Factor ETF $FLDR

Kraft Davis & Associates LLC grew its stake in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 25.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 173,373 shares of the company’s stock after purchasing an additional 35,258 shares during the period. Fidelity Low Duration Bond Factor ETF makes up 2.0% of Kraft Davis & Associates LLC’s investment portfolio, making the stock its 18th biggest holding. Kraft Davis & Associates LLC owned about 0.93% of Fidelity Low Duration Bond Factor ETF worth $8,717,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in FLDR. AE Wealth Management LLC raised its stake in Fidelity Low Duration Bond Factor ETF by 7.8% during the 3rd quarter. AE Wealth Management LLC now owns 340,054 shares of the company’s stock worth $17,071,000 after buying an additional 24,634 shares during the period. Global Retirement Partners LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF in the second quarter valued at approximately $318,000. Lakeridge Wealth Management LLC grew its stake in Fidelity Low Duration Bond Factor ETF by 23.7% in the third quarter. Lakeridge Wealth Management LLC now owns 61,989 shares of the company’s stock valued at $3,112,000 after acquiring an additional 11,896 shares during the period. Meridian Wealth Management LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF in the third quarter valued at approximately $2,213,000. Finally, Osaic Holdings Inc. increased its holdings in shares of Fidelity Low Duration Bond Factor ETF by 52.2% during the second quarter. Osaic Holdings Inc. now owns 166,081 shares of the company’s stock valued at $8,320,000 after acquiring an additional 56,959 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Price Performance

Shares of BATS:FLDR opened at $50.14 on Monday. Fidelity Low Duration Bond Factor ETF has a twelve month low of $49.02 and a twelve month high of $50.62. The stock’s 50 day moving average is $50.27 and its 200-day moving average is $50.30.

Fidelity Low Duration Bond Factor ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 26th were issued a dividend of $0.168 per share. The ex-dividend date was Thursday, February 26th. This is a positive change from Fidelity Low Duration Bond Factor ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a yield of 4.0%.

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. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.