Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its stake in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 42.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,572 shares of the company’s stock after purchasing an additional 467 shares during the quarter. JPMorgan Chase & Co.’s holdings in Fidelity Low Duration Bond Factor ETF were worth $79,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FLDR. Mach 1 Financial Group LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the 3rd quarter worth about $411,000. Sugar Maple Asset Management LLC boosted its position in shares of Fidelity Low Duration Bond Factor ETF by 15.3% during the 3rd quarter. Sugar Maple Asset Management LLC now owns 9,795 shares of the company’s stock worth $492,000 after acquiring an additional 1,301 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the 3rd quarter worth about $549,000. Smithfield Trust Co acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the 3rd quarter worth about $635,000. Finally, Foundations Investment Advisors LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the 3rd quarter worth about $744,000.

Fidelity Low Duration Bond Factor ETF Stock Up 0.2 %

BATS:FLDR opened at $50.03 on Wednesday. The business’s 50-day simple moving average is $50.04 and its 200-day simple moving average is $50.14.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

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

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.