Wealth Management Resources Inc. Acquires 319,392 Shares of Fidelity Low Duration Bond Factor ETF $FLDR

Wealth Management Resources Inc. bought a new position in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) in the 3rd quarter, Holdings Channel reports. The fund bought 319,392 shares of the company’s stock, valued at approximately $15,891,000. Fidelity Low Duration Bond Factor ETF makes up 4.9% of Wealth Management Resources Inc.’s portfolio, making the stock its 9th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Prime Capital Investment Advisors LLC lifted its position in Fidelity Low Duration Bond Factor ETF by 2.5% during the third quarter. Prime Capital Investment Advisors LLC now owns 97,690 shares of the company’s stock worth $4,860,000 after acquiring an additional 2,420 shares during the last quarter. Cottage Street Advisors LLC boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 10.8% during the third quarter. Cottage Street Advisors LLC now owns 77,205 shares of the company’s stock worth $3,841,000 after acquiring an additional 7,546 shares during the period. AdvisorNet Financial Inc grew its position in shares of Fidelity Low Duration Bond Factor ETF by 75.9% in the third quarter. AdvisorNet Financial Inc now owns 17,421 shares of the company’s stock valued at $868,000 after purchasing an additional 7,516 shares during the last quarter. Elm3 Financial Group LLC grew its position in shares of Fidelity Low Duration Bond Factor ETF by 60.6% in the third quarter. Elm3 Financial Group LLC now owns 37,351 shares of the company’s stock valued at $1,858,000 after purchasing an additional 14,101 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Fidelity Low Duration Bond Factor ETF by 9.8% in the second quarter. Envestnet Asset Management Inc. now owns 207,532 shares of the company’s stock valued at $10,399,000 after purchasing an additional 18,496 shares during the last quarter.

Fidelity Low Duration Bond Factor ETF Trading Up 0.0%

Shares of BATS FLDR opened at $49.93 on Wednesday. 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 is $49.97 and its 200-day moving average is $50.07.

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.