Envestnet Asset Management Inc. Raises Holdings in Fidelity Corporate Bond ETF (NYSEARCA:FCOR)

Envestnet Asset Management Inc. raised its position in Fidelity Corporate Bond ETF (NYSEARCA:FCOR) by 10.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 158,436 shares of the company’s stock after purchasing an additional 15,595 shares during the period. Envestnet Asset Management Inc. owned 3.37% of Fidelity Corporate Bond ETF worth $7,348,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FCOR. FMR LLC boosted its position in Fidelity Corporate Bond ETF by 150.9% during the third quarter. FMR LLC now owns 567 shares of the company’s stock worth $27,000 after acquiring an additional 341 shares during the last quarter. Sigma Planning Corp increased its holdings in shares of Fidelity Corporate Bond ETF by 9.4% in the fourth quarter. Sigma Planning Corp now owns 5,329 shares of the company’s stock valued at $247,000 after purchasing an additional 456 shares during the last quarter. MML Investors Services LLC lifted its position in Fidelity Corporate Bond ETF by 5.4% during the third quarter. MML Investors Services LLC now owns 9,205 shares of the company’s stock worth $445,000 after buying an additional 469 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Fidelity Corporate Bond ETF by 266.5% during the fourth quarter. Jones Financial Companies Lllp now owns 733 shares of the company’s stock worth $34,000 after buying an additional 533 shares during the last quarter. Finally, Islay Capital Management LLC grew its holdings in Fidelity Corporate Bond ETF by 5.0% in the 4th quarter. Islay Capital Management LLC now owns 16,306 shares of the company’s stock valued at $756,000 after buying an additional 773 shares in the last quarter.

Fidelity Corporate Bond ETF Trading Down 0.1 %

NYSEARCA FCOR opened at $46.26 on Monday. Fidelity Corporate Bond ETF has a 52 week low of $44.98 and a 52 week high of $49.09. The business’s fifty day simple moving average is $46.74 and its 200-day simple moving average is $46.83.

Fidelity Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 28th were issued a dividend of $0.166 per share. The ex-dividend date of this dividend was Friday, March 28th.

Fidelity Corporate Bond ETF Company Profile

The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.