Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Shares Bought by Cedar Point Capital Partners LLC

Cedar Point Capital Partners LLC increased its position in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 5.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 150,578 shares of the company’s stock after acquiring an additional 7,934 shares during the period. Fidelity Low Duration Bond Factor ETF comprises 5.1% of Cedar Point Capital Partners LLC’s holdings, making the stock its 7th largest holding. Cedar Point Capital Partners LLC owned approximately 1.73% of Fidelity Low Duration Bond Factor ETF worth $7,518,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Susquehanna International Group LLP acquired a new position in shares of Fidelity Low Duration Bond Factor ETF in the second quarter valued at approximately $5,549,000. Great Lakes Retirement Inc. bought a new position in Fidelity Low Duration Bond Factor ETF during the 3rd quarter worth $2,301,000. Planning Directions Inc. boosted its holdings in Fidelity Low Duration Bond Factor ETF by 2.7% in the third quarter. Planning Directions Inc. now owns 79,796 shares of the company’s stock valued at $4,007,000 after acquiring an additional 2,072 shares during the last quarter. First Community Trust NA acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF during the third quarter worth $114,000. Finally, Mach 1 Financial Group LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF in the 3rd quarter valued at about $411,000.

Fidelity Low Duration Bond Factor ETF Trading Up 0.3 %

Fidelity Low Duration Bond Factor ETF stock opened at $50.08 on Thursday. The stock’s 50-day simple moving average is $50.06 and its 200 day simple moving average is $50.15.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 30th were issued a $0.219 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Fidelity Low Duration Bond Factor ETF 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.