Park Avenue Securities LLC Has $405,000 Stock Holdings in Fidelity Corporate Bond ETF (NYSEARCA:FCOR)

Park Avenue Securities LLC grew its stake in Fidelity Corporate Bond ETF (NYSEARCA:FCOR) by 64.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,720 shares of the company’s stock after purchasing an additional 3,428 shares during the quarter. Park Avenue Securities LLC owned about 0.24% of Fidelity Corporate Bond ETF worth $405,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in FCOR. Calton & Associates Inc. acquired a new position in Fidelity Corporate Bond ETF in the fourth quarter valued at about $261,000. National Bank of Canada FI acquired a new stake in shares of Fidelity Corporate Bond ETF in the 4th quarter valued at approximately $299,000. Norris Perne & French LLP MI boosted its stake in Fidelity Corporate Bond ETF by 27.7% during the 4th quarter. Norris Perne & French LLP MI now owns 7,118 shares of the company’s stock worth $335,000 after acquiring an additional 1,544 shares during the last quarter. Lincoln National Corp bought a new position in Fidelity Corporate Bond ETF during the 4th quarter worth approximately $452,000. Finally, Advisory Services Network LLC grew its holdings in Fidelity Corporate Bond ETF by 2.8% during the fourth quarter. Advisory Services Network LLC now owns 12,704 shares of the company’s stock valued at $597,000 after purchasing an additional 343 shares during the period.

Fidelity Corporate Bond ETF Stock Performance

Shares of Fidelity Corporate Bond ETF stock opened at $46.04 on Friday. Fidelity Corporate Bond ETF has a 1 year low of $42.57 and a 1 year high of $47.28. The business has a 50-day moving average of $46.01 and a two-hundred day moving average of $46.25.

Fidelity Corporate Bond ETF Company Profile

The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.