Envestnet Asset Management Inc. Sells 42,855 Shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Envestnet Asset Management Inc. lessened its holdings in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 55.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,781 shares of the company’s stock after selling 42,855 shares during the quarter. Envestnet Asset Management Inc. owned 0.40% of Fidelity Low Duration Bond Factor ETF worth $1,737,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Avantax Advisory Services Inc. bought a new stake in shares of Fidelity Low Duration Bond Factor ETF in the fourth quarter worth $520,000. JPMorgan Chase & Co. increased its holdings in Fidelity Low Duration Bond Factor ETF by 42.3% in the third quarter. JPMorgan Chase & Co. now owns 1,572 shares of the company’s stock worth $79,000 after purchasing an additional 467 shares in the last quarter. GWN Securities Inc. acquired a new position in Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at approximately $244,000. Ameritas Advisory Services LLC bought a new position in shares of Fidelity Low Duration Bond Factor ETF during the 4th quarter worth approximately $578,000. Finally, HighTower Advisors LLC boosted its stake in Fidelity Low Duration Bond Factor ETF by 1.9% during the fourth quarter. HighTower Advisors LLC now owns 46,914 shares of the company’s stock worth $2,342,000 after acquiring an additional 856 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Stock Up 0.4 %

FLDR opened at $50.15 on Tuesday. The company has a fifty day moving average price of $50.09 and a two-hundred day moving average price of $50.08. Fidelity Low Duration Bond Factor ETF has a 1-year low of $49.71 and a 1-year high of $52.00.

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.