Sequoia Financial Advisors LLC Sells 12,750 Shares of Fidelity Low Duration Bond Factor ETF $FLDR

Sequoia Financial Advisors LLC reduced its stake in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 62.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,580 shares of the company’s stock after selling 12,750 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $381,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of FLDR. Csenge Advisory Group bought a new position in shares of Fidelity Low Duration Bond Factor ETF during the third quarter worth $406,000. Strategic Blueprint LLC boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 13.7% during the 3rd quarter. Strategic Blueprint LLC now owns 27,468 shares of the company’s stock valued at $1,379,000 after purchasing an additional 3,311 shares during the last quarter. McIlrath & Eck LLC purchased a new position in shares of Fidelity Low Duration Bond Factor ETF during the third quarter valued at about $41,000. Geneos Wealth Management Inc. bought a new stake in shares of Fidelity Low Duration Bond Factor ETF in the third quarter worth about $135,000. Finally, Foronjy Financial LLC lifted its position in shares of Fidelity Low Duration Bond Factor ETF by 14.6% in the third quarter. Foronjy Financial LLC now owns 13,703 shares of the company’s stock worth $688,000 after buying an additional 1,750 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Price Performance

Shares of Fidelity Low Duration Bond Factor ETF stock opened at $50.34 on Wednesday. The stock has a 50 day moving average of $50.30 and a 200 day moving average of $50.28. Fidelity Low Duration Bond Factor ETF has a 12 month low of $49.73 and a 12 month high of $52.00.

Fidelity Low Duration Bond Factor ETF Company 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.