Moody National Bank Trust Division acquired a new stake in Fidelity High Yield Factor ETF (NYSEARCA:FDHY – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 135,000 shares of the company’s stock, valued at approximately $6,413,000. Moody National Bank Trust Division owned 1.05% of Fidelity High Yield Factor ETF as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its stake in shares of Fidelity High Yield Factor ETF by 382.5% during the 1st quarter. Cetera Investment Advisers now owns 26,465 shares of the company’s stock worth $1,285,000 after buying an additional 20,980 shares in the last quarter. Investors Research Corp acquired a new position in Fidelity High Yield Factor ETF during the second quarter worth $10,597,000. Strengthening Families & Communities LLC acquired a new position in Fidelity High Yield Factor ETF during the second quarter worth $7,812,000. Geneva Partners LLC purchased a new position in Fidelity High Yield Factor ETF in the first quarter worth $3,402,000. Finally, Symphony Financial Ltd. Co. purchased a new position in Fidelity High Yield Factor ETF in the second quarter worth $250,000.
Fidelity High Yield Factor ETF Price Performance
Fidelity High Yield Factor ETF stock traded up $0.14 during midday trading on Tuesday, reaching $47.76. The company’s stock had a trading volume of 114,378 shares, compared to its average volume of 83,958. Fidelity High Yield Factor ETF has a fifty-two week low of $47.15 and a fifty-two week high of $49.70. The stock’s 50 day simple moving average is $48.71 and its 200 day simple moving average is $48.94.
About Fidelity High Yield Factor ETF
The Fidelity High Yield Factor ETF (FDHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund using a quantitative screen to select high-yield bonds issued by US and foreign corporations. The fund seeks a high level of income, and may also seek capital appreciation. FDHY was launched on Jun 12, 2018 and is managed by Fidelity.
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