Advisory Services Network LLC Sells 10,770 Shares of Fidelity High Yield Factor ETF $FDHY

Advisory Services Network LLC decreased its position in Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 6.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 154,471 shares of the company’s stock after selling 10,770 shares during the period. Advisory Services Network LLC’s holdings in Fidelity High Yield Factor ETF were worth $7,523,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of FDHY. Golden State Wealth Management LLC raised its position in shares of Fidelity High Yield Factor ETF by 148.9% in the 2nd quarter. Golden State Wealth Management LLC now owns 1,593 shares of the company’s stock worth $78,000 after acquiring an additional 953 shares in the last quarter. CWM LLC acquired a new stake in Fidelity High Yield Factor ETF during the second quarter worth approximately $209,000. Fifth Third Securities Inc. bought a new stake in Fidelity High Yield Factor ETF in the second quarter worth approximately $272,000. Janney Montgomery Scott LLC increased its holdings in Fidelity High Yield Factor ETF by 13.0% in the second quarter. Janney Montgomery Scott LLC now owns 5,875 shares of the company’s stock worth $287,000 after purchasing an additional 677 shares in the last quarter. Finally, Arete Wealth Advisors LLC acquired a new position in Fidelity High Yield Factor ETF in the first quarter valued at approximately $367,000.

Fidelity High Yield Factor ETF Stock Performance

Fidelity High Yield Factor ETF stock opened at $49.31 on Monday. Fidelity High Yield Factor ETF has a 52-week low of $45.41 and a 52-week high of $49.71. The stock’s 50 day moving average price is $49.18 and its two-hundred day moving average price is $49.03.

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.