Prime Capital Investment Advisors LLC Acquires 10,361 Shares of Fidelity Low Duration Bond Factor ETF $FLDR

Prime Capital Investment Advisors LLC increased its holdings in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 8.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 139,873 shares of the company’s stock after buying an additional 10,361 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $7,022,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. acquired a new stake in Fidelity Low Duration Bond Factor ETF during the 2nd quarter worth $25,000. McIlrath & Eck LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF in the 3rd quarter valued at $41,000. Geneos Wealth Management Inc. acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF during the third quarter worth $135,000. Accelerate Investment Advisors LLC bought a new stake in Fidelity Low Duration Bond Factor ETF in the third quarter valued at about $210,000. Finally, Southland Equity Partners LLC acquired a new position in Fidelity Low Duration Bond Factor ETF in the third quarter valued at about $225,000.

Fidelity Low Duration Bond Factor ETF Stock Performance

Shares of FLDR opened at $50.26 on Friday. Fidelity Low Duration Bond Factor ETF has a 1 year low of $49.73 and a 1 year high of $52.00. The stock’s 50-day moving average price is $50.28 and its two-hundred day moving average price is $50.28.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 29th were paid a $0.166 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Thursday, January 29th.

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.