Fidelity Low Duration Bond Factor ETF $FLDR Shares Acquired by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC boosted its holdings in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 13.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 165,588 shares of the company’s stock after buying an additional 19,764 shares during the period. Foundations Investment Advisors LLC owned 0.89% of Fidelity Low Duration Bond Factor ETF worth $8,318,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in FLDR. Raymond James Financial Inc. boosted its stake in Fidelity Low Duration Bond Factor ETF by 2,486.6% in the 2nd quarter. Raymond James Financial Inc. now owns 578,139 shares of the company’s stock worth $28,947,000 after buying an additional 555,788 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Fidelity Low Duration Bond Factor ETF by 205.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 235,557 shares of the company’s stock worth $11,825,000 after buying an additional 158,558 shares during the last quarter. Jane Street Group LLC boosted its stake in Fidelity Low Duration Bond Factor ETF by 400.1% in the 2nd quarter. Jane Street Group LLC now owns 194,017 shares of the company’s stock worth $9,714,000 after buying an additional 155,224 shares during the last quarter. Mariner LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF in the 3rd quarter worth about $4,293,000. Finally, Kraft Davis & Associates LLC boosted its stake in Fidelity Low Duration Bond Factor ETF by 148.6% in the 3rd quarter. Kraft Davis & Associates LLC now owns 138,115 shares of the company’s stock worth $6,940,000 after buying an additional 82,567 shares during the last quarter.

Fidelity Low Duration Bond Factor ETF Price Performance

Shares of BATS:FLDR opened at $50.08 on Friday. The stock’s 50-day moving average price is $50.13 and its two-hundred day moving average price is $50.24. Fidelity Low Duration Bond Factor ETF has a 12-month low of $49.02 and a 12-month 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.