HighTower Advisors LLC Boosts Stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

HighTower Advisors LLC raised its holdings in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,914 shares of the company’s stock after buying an additional 856 shares during the quarter. HighTower Advisors LLC owned about 0.54% of Fidelity Low Duration Bond Factor ETF worth $2,342,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in Fidelity Low Duration Bond Factor ETF by 42.3% during the third quarter. JPMorgan Chase & Co. now owns 1,572 shares of the company’s stock worth $79,000 after buying an additional 467 shares in the last quarter. J.W. Cole Advisors Inc. boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 22.5% in the 4th quarter. J.W. Cole Advisors Inc. now owns 5,240 shares of the company’s stock worth $262,000 after purchasing an additional 964 shares in the last quarter. Planning Directions Inc. boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 1.7% in the 4th quarter. Planning Directions Inc. now owns 81,161 shares of the company’s stock worth $4,052,000 after purchasing an additional 1,365 shares in the last quarter. Great Lakes Retirement Inc. boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 3.0% in the 4th quarter. Great Lakes Retirement Inc. now owns 46,988 shares of the company’s stock worth $2,356,000 after purchasing an additional 1,371 shares in the last quarter. Finally, MML Investors Services LLC boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 4.4% in the 3rd quarter. MML Investors Services LLC now owns 32,678 shares of the company’s stock worth $1,641,000 after purchasing an additional 1,373 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Trading Up 0.6 %

FLDR opened at $50.24 on Friday. The stock has a 50-day moving average price of $50.10 and a 200-day moving average price of $50.13. Fidelity Low Duration Bond Factor ETF has a 12-month low of $49.70 and a 12-month high of $52.00.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 30th were issued a $0.219 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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.