AE Wealth Management LLC Purchases 24,634 Shares of Fidelity Low Duration Bond Factor ETF $FLDR

AE Wealth Management LLC increased its position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 7.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 340,054 shares of the company’s stock after acquiring an additional 24,634 shares during the quarter. AE Wealth Management LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $17,071,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FLDR. Raymond James Financial Inc. lifted its holdings in Fidelity Low Duration Bond Factor ETF by 2,486.6% during the second quarter. Raymond James Financial Inc. now owns 578,139 shares of the company’s stock valued at $28,947,000 after purchasing an additional 555,788 shares during the last quarter. Bank of America Corp DE raised its position in shares of Fidelity Low Duration Bond Factor ETF by 7.5% in the second quarter. Bank of America Corp DE now owns 254,599 shares of the company’s stock valued at $12,748,000 after purchasing an additional 17,670 shares during the period. Jane Street Group LLC lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 400.1% during the 2nd quarter. Jane Street Group LLC now owns 194,017 shares of the company’s stock valued at $9,714,000 after buying an additional 155,224 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in Fidelity Low Duration Bond Factor ETF by 52.2% in the 2nd quarter. Osaic Holdings Inc. now owns 166,081 shares of the company’s stock worth $8,320,000 after buying an additional 56,959 shares during the period. Finally, Huntleigh Advisors Inc. bought a new position in Fidelity Low Duration Bond Factor ETF in the 2nd quarter worth approximately $8,314,000.

Fidelity Low Duration Bond Factor ETF Price Performance

Shares of FLDR stock opened at $50.19 on Friday. The company’s fifty day simple moving average is $50.29 and its two-hundred day simple moving average is $50.28. Fidelity Low Duration Bond Factor ETF has a 1 year low of $49.73 and a 1 year high of $52.00.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 29th will be given a $0.166 dividend. The ex-dividend date is Thursday, January 29th. This represents a c) annualized dividend and a dividend 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.