Fidelity Low Duration Bond Factor ETF $FLDR Shares Sold by Avestar Capital LLC

Avestar Capital LLC lessened its holdings in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 94.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,309 shares of the company’s stock after selling 120,745 shares during the quarter. Avestar Capital LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $367,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Huntleigh Advisors Inc. acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the second quarter worth about $8,314,000. Kestra Advisory Services LLC raised its holdings in shares of Fidelity Low Duration Bond Factor ETF by 226.2% during the 1st quarter. Kestra Advisory Services LLC now owns 132,189 shares of the company’s stock valued at $6,625,000 after buying an additional 91,661 shares during the period. Royal Bank of Canada lifted its position in Fidelity Low Duration Bond Factor ETF by 170.5% during the 1st quarter. Royal Bank of Canada now owns 88,616 shares of the company’s stock worth $4,441,000 after acquiring an additional 55,851 shares in the last quarter. Flow Traders U.S. LLC lifted its position in Fidelity Low Duration Bond Factor ETF by 1,093.8% during the 2nd quarter. Flow Traders U.S. LLC now owns 54,065 shares of the company’s stock worth $2,707,000 after acquiring an additional 49,536 shares in the last quarter. Finally, Tableaux LLC purchased a new position in Fidelity Low Duration Bond Factor ETF in the 2nd quarter worth approximately $2,003,000.

Fidelity Low Duration Bond Factor ETF Stock Performance

Fidelity Low Duration Bond Factor ETF stock opened at $50.27 on Monday. The firm’s 50-day moving average is $50.32 and its 200-day moving average is $50.22. Fidelity Low Duration Bond Factor ETF has a 1 year low of $49.73 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.