Arwa LLC Takes Position in Fidelity Corporate Bond ETF $FCOR

Arwa LLC bought a new stake in Fidelity Corporate Bond ETF (NYSEARCA:FCOR) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 35,315 shares of the company’s stock, valued at approximately $1,689,000. Fidelity Corporate Bond ETF makes up about 1.0% of Arwa LLC’s investment portfolio, making the stock its 22nd biggest holding. Arwa LLC owned 0.52% of Fidelity Corporate Bond ETF at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Kestra Advisory Services LLC grew its stake in shares of Fidelity Corporate Bond ETF by 10.8% in the 4th quarter. Kestra Advisory Services LLC now owns 240,905 shares of the company’s stock worth $11,523,000 after buying an additional 23,566 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Fidelity Corporate Bond ETF by 693.4% in the 4th quarter. Cetera Investment Advisers now owns 204,731 shares of the company’s stock valued at $9,792,000 after acquiring an additional 178,926 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Fidelity Corporate Bond ETF by 11.9% in the third quarter. Envestnet Asset Management Inc. now owns 177,955 shares of the company’s stock worth $8,542,000 after acquiring an additional 18,891 shares in the last quarter. Salus Financial Advisors LLC grew its position in Fidelity Corporate Bond ETF by 4.9% in the fourth quarter. Salus Financial Advisors LLC now owns 145,736 shares of the company’s stock worth $6,971,000 after acquiring an additional 6,766 shares in the last quarter. Finally, OneDigital Investment Advisors LLC increased its stake in Fidelity Corporate Bond ETF by 147.6% during the third quarter. OneDigital Investment Advisors LLC now owns 133,936 shares of the company’s stock worth $6,429,000 after acquiring an additional 79,842 shares during the last quarter.

Fidelity Corporate Bond ETF Stock Performance

Shares of FCOR stock opened at $47.27 on Friday. Fidelity Corporate Bond ETF has a 1 year low of $46.57 and a 1 year high of $48.79. The stock’s 50 day simple moving average is $47.25 and its two-hundred day simple moving average is $47.63.

Fidelity Corporate Bond ETF Profile

The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.