International Assets Investment Management LLC Purchases Shares of 20,207 Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

International Assets Investment Management LLC purchased a new position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,207 shares of the company’s stock, valued at approximately $1,008,000. International Assets Investment Management LLC owned approximately 0.48% of Fidelity Low Duration Bond Factor ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Acute Investment Advisory LLC bought a new stake in Fidelity Low Duration Bond Factor ETF during the third quarter worth about $11,390,000. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 3.3% during the third quarter. Commonwealth Equity Services LLC now owns 182,441 shares of the company’s stock valued at $9,038,000 after purchasing an additional 5,743 shares during the last quarter. Secure Asset Management LLC boosted its position in shares of Fidelity Low Duration Bond Factor ETF by 1.5% in the 4th quarter. Secure Asset Management LLC now owns 85,143 shares of the company’s stock worth $4,248,000 after purchasing an additional 1,265 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Fidelity Low Duration Bond Factor ETF by 172.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 26,978 shares of the company’s stock worth $1,346,000 after buying an additional 17,086 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new position in Fidelity Low Duration Bond Factor ETF during the 3rd quarter valued at approximately $1,074,000.

Fidelity Low Duration Bond Factor ETF Stock Performance

Fidelity Low Duration Bond Factor ETF stock opened at $49.93 on Tuesday. The business has a 50 day moving average of $49.97 and a two-hundred day moving average of $49.85.

Fidelity Low Duration Bond Factor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 1st. Investors of record on Tuesday, January 30th were paid a $0.233 dividend. This is a boost from Fidelity Low Duration Bond Factor ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, January 29th.

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.