Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Short Interest Update

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) was the recipient of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 21,580 shares, a decrease of 86.8% from the February 12th total of 163,838 shares. Based on an average daily volume of 199,025 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 199,025 shares, the short-interest ratio is presently 0.1 days.

Fidelity Investment Grade Securitized ETF Price Performance

Shares of FSEC stock traded down $0.03 on Tuesday, reaching $44.42. 85,873 shares of the company were exchanged, compared to its average volume of 221,673. The company has a 50-day moving average of $44.38 and a 200-day moving average of $44.38. Fidelity Investment Grade Securitized ETF has a one year low of $41.98 and a one year high of $45.60.

Fidelity Investment Grade Securitized ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 26th were paid a dividend of $0.136 per share. This is an increase from Fidelity Investment Grade Securitized ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 3.7%.

Institutional Investors Weigh In On Fidelity Investment Grade Securitized ETF

A number of hedge funds have recently added to or reduced their stakes in FSEC. Cetera Investment Advisers lifted its stake in Fidelity Investment Grade Securitized ETF by 2,051.6% during the 4th quarter. Cetera Investment Advisers now owns 341,761 shares of the company’s stock valued at $15,082,000 after acquiring an additional 325,877 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Fidelity Investment Grade Securitized ETF by 1,860.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 142,653 shares of the company’s stock worth $6,295,000 after acquiring an additional 135,377 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Fidelity Investment Grade Securitized ETF by 25.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 66,495 shares of the company’s stock valued at $2,938,000 after purchasing an additional 13,542 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Fidelity Investment Grade Securitized ETF by 97.4% in the second quarter. Jane Street Group LLC now owns 57,825 shares of the company’s stock valued at $2,519,000 after purchasing an additional 28,525 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of Fidelity Investment Grade Securitized ETF during the third quarter valued at about $2,076,000.

About Fidelity Investment Grade Securitized ETF

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.