Essex Financial Services Inc. Acquires Shares of 11,950 Fidelity Low Duration Bond Factor ETF $FLDR

Essex Financial Services Inc. acquired a new position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,950 shares of the company’s stock, valued at approximately $598,000. Essex Financial Services Inc. owned 0.06% of Fidelity Low Duration Bond Factor ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FLDR. Anson Capital Inc. lifted its position in shares of Fidelity Low Duration Bond Factor ETF by 1.9% during the fourth quarter. Anson Capital Inc. now owns 11,228 shares of the company’s stock valued at $564,000 after buying an additional 207 shares during the last quarter. Sugar Maple Asset Management LLC lifted its stake in shares of 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 buying an additional 232 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Fidelity Low Duration Bond Factor ETF by 61.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 808 shares of the company’s stock valued at $41,000 after purchasing an additional 306 shares during the last quarter. Virtus Wealth Solutions LLC grew its stake in Fidelity Low Duration Bond Factor ETF by 2.8% during the 4th quarter. Virtus Wealth Solutions LLC now owns 13,173 shares of the company’s stock valued at $662,000 after purchasing an additional 359 shares during the last quarter. Finally, GHP Investment Advisors Inc. acquired a new position in Fidelity Low Duration Bond Factor ETF in the 1st quarter worth approximately $25,000.

Fidelity Low Duration Bond Factor ETF Stock Performance

BATS:FLDR opened at $50.12 on Friday. The company’s fifty day moving average price is $50.14 and its 200-day moving average price is $50.21. Fidelity Low Duration Bond Factor ETF has a 1-year low of $49.02 and a 1-year high of $50.62.

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.