Birchcreek Wealth Management LLC Cuts Stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Birchcreek Wealth Management LLC reduced its stake in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 6.2% during the 4th quarter, HoldingsChannel reports. The fund owned 9,805 shares of the company’s stock after selling 648 shares during the period. Birchcreek Wealth Management LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $489,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of FLDR. Acute Investment Advisory LLC purchased a new position in Fidelity Low Duration Bond Factor ETF in the third quarter valued at approximately $11,390,000. Cedar Point Capital Partners LLC purchased a new position in Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at approximately $4,659,000. Planning Directions Inc. purchased a new position in Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at approximately $1,581,000. Kestra Advisory Services LLC purchased a new position in Fidelity Low Duration Bond Factor ETF in the third quarter valued at approximately $1,074,000. Finally, HighTower Advisors LLC purchased a new position in Fidelity Low Duration Bond Factor ETF in the third quarter valued at approximately $1,001,000.

Fidelity Low Duration Bond Factor ETF Stock Performance

BATS FLDR traded up $0.04 during mid-day trading on Monday, hitting $49.72. The company’s stock had a trading volume of 65,678 shares. The company has a 50-day moving average price of $49.96 and a two-hundred day moving average price of $49.86.

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.