Genesee Capital Advisors LLC Reduces Holdings in Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Genesee Capital Advisors LLC lowered its stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 16,866 shares of the company’s stock after selling 413 shares during the period. Genesee Capital Advisors LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $842,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 42.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,572 shares of the company’s stock valued at $79,000 after purchasing an additional 467 shares during the period. First Community Trust NA purchased a new position in Fidelity Low Duration Bond Factor ETF during the third quarter valued at $114,000. Lakeridge Wealth Management LLC bought a new stake in shares of Fidelity Low Duration Bond Factor ETF during the 3rd quarter valued at $214,000. Mach 1 Financial Group LLC purchased a new stake in shares of Fidelity Low Duration Bond Factor ETF in the 3rd quarter worth about $411,000. Finally, Sugar Maple Asset Management LLC increased its stake in shares of Fidelity Low Duration Bond Factor ETF by 15.3% in the 3rd quarter. Sugar Maple Asset Management LLC now owns 9,795 shares of the company’s stock worth $492,000 after acquiring an additional 1,301 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Stock Performance

Shares of FLDR opened at $50.13 on Wednesday. The business has a fifty day simple moving average of $50.06 and a 200-day simple moving average of $50.15.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 30th were paid a dividend of $0.219 per share. The ex-dividend date of this dividend was Monday, December 30th.

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.