AdvisorNet Financial Inc Invests $541,000 in Fidelity Low Duration Bond Factor ETF $FLDR

AdvisorNet Financial Inc purchased a new position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) in the first quarter, Holdings Channel reports. The fund purchased 10,807 shares of the company’s stock, valued at approximately $541,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FLDR. Anson Capital Inc. increased its holdings in shares of Fidelity Low Duration Bond Factor ETF by 1.9% in the 4th quarter. Anson Capital Inc. now owns 11,228 shares of the company’s stock valued at $564,000 after acquiring an additional 207 shares during the last quarter. Sugar Maple Asset Management LLC lifted its stake in Fidelity Low Duration Bond Factor ETF by 2.8% during the second quarter. Sugar Maple Asset Management LLC now owns 8,661 shares of the company’s stock worth $434,000 after purchasing an additional 232 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Fidelity Low Duration Bond Factor ETF by 61.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 808 shares of the company’s stock worth $41,000 after purchasing an additional 306 shares during the period. Virtus Wealth Solutions LLC boosted its holdings in Fidelity Low Duration Bond Factor ETF by 2.8% in the fourth quarter. Virtus Wealth Solutions LLC now owns 13,173 shares of the company’s stock worth $662,000 after purchasing an additional 359 shares during the period. Finally, Foronjy Financial LLC increased its stake in Fidelity Low Duration Bond Factor ETF by 4.2% during the fourth quarter. Foronjy Financial LLC now owns 14,285 shares of the company’s stock valued at $718,000 after purchasing an additional 582 shares during the last quarter.

Fidelity Low Duration Bond Factor ETF Stock Performance

Fidelity Low Duration Bond Factor ETF stock opened at $50.24 on Thursday. Fidelity Low Duration Bond Factor ETF has a 1 year low of $49.02 and a 1 year high of $50.62. The firm’s 50-day moving average is $50.15 and its 200-day moving average is $50.21.

Fidelity Low Duration Bond Factor ETF 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.