Wealth Enhancement Advisory Services LLC Purchases 13,542 Shares of Fidelity Investment Grade Securitized ETF $FSEC

Wealth Enhancement Advisory Services LLC lifted its position in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) by 25.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,495 shares of the company’s stock after purchasing an additional 13,542 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.07% of Fidelity Investment Grade Securitized ETF worth $2,938,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Flow Traders U.S. LLC bought a new position in shares of Fidelity Investment Grade Securitized ETF in the third quarter worth approximately $2,076,000. Goldman Sachs Group Inc. bought a new stake in Fidelity Investment Grade Securitized ETF in the 1st quarter worth $1,384,000. Jane Street Group LLC boosted its holdings in shares of Fidelity Investment Grade Securitized ETF by 97.4% during the second quarter. Jane Street Group LLC now owns 57,825 shares of the company’s stock worth $2,519,000 after purchasing an additional 28,525 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Fidelity Investment Grade Securitized ETF by 182.4% in the third quarter. Envestnet Asset Management Inc. now owns 31,823 shares of the company’s stock worth $1,403,000 after purchasing an additional 20,556 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Fidelity Investment Grade Securitized ETF by 93.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 36,904 shares of the company’s stock valued at $1,627,000 after purchasing an additional 17,855 shares during the period.

Fidelity Investment Grade Securitized ETF Stock Up 0.2%

FSEC opened at $43.92 on Thursday. Fidelity Investment Grade Securitized ETF has a one year low of $41.98 and a one year high of $45.60. The business has a 50 day simple moving average of $44.30 and a two-hundred day simple moving average of $44.38.

Fidelity Investment Grade Securitized ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were paid a dividend of $0.136 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. This is a boost from Fidelity Investment Grade Securitized ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Thursday, February 26th.

Fidelity Investment Grade Securitized ETF Profile

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.