Financially Speaking Inc Has $5.41 Million Holdings in Fidelity Low Duration Bond Factor ETF $FLDR

Financially Speaking Inc trimmed its position in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 41.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 107,784 shares of the company’s stock after selling 77,512 shares during the quarter. Fidelity Low Duration Bond Factor ETF makes up about 3.6% of Financially Speaking Inc’s investment portfolio, making the stock its 11th largest holding. Financially Speaking Inc’s holdings in Fidelity Low Duration Bond Factor ETF were worth $5,411,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. acquired a new stake in Fidelity Low Duration Bond Factor ETF in the second quarter valued at approximately $25,000. McIlrath & Eck LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the 3rd quarter valued at $41,000. Geneos Wealth Management Inc. bought a new stake in Fidelity Low Duration Bond Factor ETF in the third quarter worth $135,000. Accelerate Investment Advisors LLC acquired a new position in Fidelity Low Duration Bond Factor ETF during the third quarter worth $210,000. Finally, Southland Equity Partners LLC bought a new position in Fidelity Low Duration Bond Factor ETF during the third quarter valued at about $225,000.

Fidelity Low Duration Bond Factor ETF Stock Performance

FLDR opened at $50.28 on Thursday. The stock has a 50-day moving average of $50.28 and a 200-day moving average of $50.28. Fidelity Low Duration Bond Factor ETF has a 52-week low of $49.02 and a 52-week high of $50.62.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 29th were given a dividend of $0.166 per share. The ex-dividend date of this dividend was Thursday, January 29th. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.