Cottage Street Advisors LLC Purchases 15,244 Shares of Fidelity Low Duration Bond Factor ETF $FLDR

Cottage Street Advisors LLC raised its position in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 32.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,706 shares of the company’s stock after purchasing an additional 15,244 shares during the period. Fidelity Low Duration Bond Factor ETF makes up approximately 1.4% of Cottage Street Advisors LLC’s holdings, making the stock its 21st largest holding. Cottage Street Advisors LLC owned approximately 0.34% of Fidelity Low Duration Bond Factor ETF worth $3,138,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 2.9% in the 4th quarter. Wells Fargo & Company MN now owns 1,023,685 shares of the company’s stock worth $51,420,000 after purchasing an additional 29,079 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Fidelity Low Duration Bond Factor ETF by 47.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 644,156 shares of the company’s stock worth $32,356,000 after buying an additional 205,846 shares during the last quarter. Raymond James Financial Inc. grew its position in Fidelity Low Duration Bond Factor ETF by 6.8% during the third quarter. Raymond James Financial Inc. now owns 617,681 shares of the company’s stock valued at $31,008,000 after acquiring an additional 39,542 shares during the last quarter. LPL Financial LLC grew its position in Fidelity Low Duration Bond Factor ETF by 12.4% during the fourth quarter. LPL Financial LLC now owns 533,043 shares of the company’s stock valued at $26,775,000 after acquiring an additional 58,829 shares during the last quarter. Finally, AE Wealth Management LLC raised its stake in shares of Fidelity Low Duration Bond Factor ETF by 17.5% during the fourth quarter. AE Wealth Management LLC now owns 399,536 shares of the company’s stock worth $20,069,000 after acquiring an additional 59,482 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Stock Performance

Shares of FLDR opened at $50.27 on Friday. Fidelity Low Duration Bond Factor ETF has a fifty-two week low of $49.02 and a fifty-two week high of $50.62. The firm has a 50 day moving average price of $50.15 and a 200-day moving average price of $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.