Fidelity Low Duration Bond Factor ETF (BATS:FLDR – Get Free Report) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 3,565 shares, a drop of 95.1% from the June 30th total of 72,195 shares. Based on an average trading volume of 322,004 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.
Fidelity Low Duration Bond Factor ETF Stock Performance
FLDR traded up $0.02 during midday trading on Friday, reaching $50.13. 71,995 shares of the company’s stock were exchanged, compared to its average volume of 341,809. Fidelity Low Duration Bond Factor ETF has a 1-year low of $49.02 and a 1-year high of $50.62. The business’s 50-day moving average price is $50.14 and its 200 day moving average price is $50.19.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of FLDR. GHP Investment Advisors Inc. purchased a new stake in Fidelity Low Duration Bond Factor ETF in the 1st quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Fidelity Low Duration Bond Factor ETF during the 2nd quarter valued at $25,000. Fifth Third Bancorp purchased a new position in Fidelity Low Duration Bond Factor ETF during the first quarter worth $33,000. Basepoint Wealth LLC purchased a new position in Fidelity Low Duration Bond Factor ETF during the first quarter worth $59,000. Finally, Elevated Capital Advisors LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF in the fourth quarter worth $88,000.
Fidelity Low Duration Bond Factor ETF Company 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. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.
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