Foundations Investment Advisors LLC Boosts Position in Fidelity Low Duration Bond Factor ETF $FLDR

Foundations Investment Advisors LLC raised its stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 18.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 145,824 shares of the company’s stock after purchasing an additional 22,927 shares during the period. Foundations Investment Advisors LLC owned 0.78% of Fidelity Low Duration Bond Factor ETF worth $7,320,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Fidelity Low Duration Bond Factor ETF in the 2nd quarter valued at $25,000. McIlrath & Eck LLC acquired a new position in Fidelity Low Duration Bond Factor ETF in the third quarter valued at $41,000. Geneos Wealth Management Inc. acquired a new position in Fidelity Low Duration Bond Factor ETF in the third quarter valued at $135,000. Accelerate Investment Advisors LLC purchased a new position in shares of Fidelity Low Duration Bond Factor ETF during the third quarter worth about $210,000. Finally, Southland Equity Partners LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF during the third quarter worth about $225,000.

Fidelity Low Duration Bond Factor ETF Price Performance

Fidelity Low Duration Bond Factor ETF stock opened at $50.19 on Friday. Fidelity Low Duration Bond Factor ETF has a fifty-two week low of $49.73 and a fifty-two week high of $52.00. The stock has a 50-day simple moving average of $50.29 and a 200-day simple moving average of $50.28.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 29th will be given a dividend of $0.166 per share. The ex-dividend date is Thursday, January 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.