Kraft Davis & Associates LLC Reduces Stock Holdings in Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Kraft Davis & Associates LLC reduced its stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 14.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 112,474 shares of the company’s stock after selling 18,338 shares during the period. Fidelity Low Duration Bond Factor ETF accounts for about 1.7% of Kraft Davis & Associates LLC’s holdings, making the stock its 22nd biggest position. Kraft Davis & Associates LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $5,626,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Freedom Wealth Alliance LLC purchased a new position in shares of Fidelity Low Duration Bond Factor ETF during the fourth quarter worth approximately $25,000. BluePath Capital Management LLC purchased a new position in shares of Fidelity Low Duration Bond Factor ETF during the third quarter worth approximately $28,000. Sunbelt Securities Inc. purchased a new position in shares of Fidelity Low Duration Bond Factor ETF during the first quarter worth approximately $29,000. FMR LLC grew its position in shares of Fidelity Low Duration Bond Factor ETF by 10,005.6% during the third quarter. FMR LLC now owns 1,819 shares of the company’s stock worth $90,000 after acquiring an additional 1,801 shares during the last quarter. Finally, Ancora Advisors LLC purchased a new position in shares of Fidelity Low Duration Bond Factor ETF during the first quarter worth approximately $118,000.

Fidelity Low Duration Bond Factor ETF Trading Down 0.1 %

Shares of FLDR traded down $0.04 during mid-day trading on Friday, reaching $49.88. 279,300 shares of the company’s stock were exchanged. The stock’s 50-day simple moving average is $49.97 and its two-hundred day simple moving average is $49.85.

Fidelity Low Duration Bond Factor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 1st. Stockholders of record on Tuesday, January 30th were given a dividend of $0.233 per share. The ex-dividend date of this dividend was Monday, January 29th. This is a positive change from Fidelity Low Duration Bond Factor ETF’s previous dividend of $0.23.

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.