Howard Wealth Management LLC lifted its stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR – Free Report) by 20.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 123,511 shares of the company’s stock after acquiring an additional 21,262 shares during the period. Fidelity Low Duration Bond Factor ETF accounts for about 2.2% of Howard Wealth Management LLC’s investment portfolio, making the stock its 6th largest position. Howard Wealth Management LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $6,145,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FLDR. Bank of America Corp DE boosted its position in Fidelity Low Duration Bond Factor ETF by 4.1% during the first quarter. Bank of America Corp DE now owns 325,763 shares of the company’s stock worth $16,304,000 after purchasing an additional 12,686 shares during the period. Wealth Management Resources Inc. acquired a new position in Fidelity Low Duration Bond Factor ETF during the third quarter valued at approximately $15,891,000. Kestra Advisory Services LLC raised its position in shares of Fidelity Low Duration Bond Factor ETF by 22.6% in the first quarter. Kestra Advisory Services LLC now owns 302,142 shares of the company’s stock valued at $15,122,000 after purchasing an additional 55,742 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Fidelity Low Duration Bond Factor ETF by 9.8% in the second quarter. Envestnet Asset Management Inc. now owns 207,532 shares of the company’s stock valued at $10,399,000 after purchasing an additional 18,496 shares during the period. Finally, Koshinski Asset Management Inc. raised its position in shares of Fidelity Low Duration Bond Factor ETF by 55.5% in the first quarter. Koshinski Asset Management Inc. now owns 175,834 shares of the company’s stock valued at $8,800,000 after purchasing an additional 62,784 shares during the period.
Fidelity Low Duration Bond Factor ETF Stock Performance
Shares of Fidelity Low Duration Bond Factor ETF stock opened at $49.87 on Friday. The firm has a fifty day simple moving average of $49.95 and a 200-day simple moving average of $50.12. Fidelity Low Duration Bond Factor ETF has a 1-year low of $49.02 and a 1-year high of $50.46.
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.
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