Principal Securities Inc. Takes $450,000 Position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Principal Securities Inc. bought a new position in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,018 shares of the company’s stock, valued at approximately $450,000. Principal Securities Inc. owned approximately 0.22% of Fidelity Low Duration Bond Factor ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Glass Jacobson Investment Advisors llc lifted its holdings in Fidelity Low Duration Bond Factor ETF by 32.6% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 2,606 shares of the company’s stock worth $129,000 after buying an additional 640 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Fidelity Low Duration Bond Factor ETF by 19.4% in the fourth quarter. Private Advisor Group LLC now owns 5,968 shares of the company’s stock valued at $298,000 after purchasing an additional 968 shares during the last quarter. Kingdom Financial Group LLC. grew its stake in Fidelity Low Duration Bond Factor ETF by 46.0% during the 4th quarter. Kingdom Financial Group LLC. now owns 6,778 shares of the company’s stock valued at $338,000 after purchasing an additional 2,137 shares in the last quarter. Seldon Capital LP purchased a new stake in Fidelity Low Duration Bond Factor ETF during the 3rd quarter worth approximately $400,000. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Fidelity Low Duration Bond Factor ETF by 30.2% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 10,345 shares of the company’s stock worth $512,000 after purchasing an additional 2,398 shares during the last quarter.

Fidelity Low Duration Bond Factor ETF Price Performance

Fidelity Low Duration Bond Factor ETF stock opened at $49.99 on Wednesday. The firm’s 50 day simple moving average is $49.94 and its 200 day simple moving average is $49.89.

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.