Envestnet Asset Management Inc. Buys 20,556 Shares of Fidelity Investment Grade Securitized ETF $FSEC

Envestnet Asset Management Inc. grew its stake in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) by 182.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,823 shares of the company’s stock after buying an additional 20,556 shares during the period. Envestnet Asset Management Inc.’s holdings in Fidelity Investment Grade Securitized ETF were worth $1,403,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE purchased a new position in Fidelity Investment Grade Securitized ETF in the fourth quarter worth $45,000. Raymond James Financial Inc. bought a new stake in Fidelity Investment Grade Securitized ETF during the second quarter worth about $52,000. Allworth Financial LP purchased a new position in shares of Fidelity Investment Grade Securitized ETF in the 2nd quarter worth about $81,000. Cornerstone Planning Group LLC bought a new position in shares of Fidelity Investment Grade Securitized ETF during the 3rd quarter valued at about $82,000. Finally, AE Wealth Management LLC purchased a new position in shares of Fidelity Investment Grade Securitized ETF during the 3rd quarter valued at about $97,000.

Fidelity Investment Grade Securitized ETF Stock Performance

NYSEARCA:FSEC opened at $44.78 on Monday. The business has a 50 day moving average of $44.39 and a 200 day moving average of $44.34. Fidelity Investment Grade Securitized ETF has a 1-year low of $41.98 and a 1-year high of $45.60.

Fidelity Investment Grade Securitized ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th will be paid a $0.136 dividend. This is a positive change from Fidelity Investment Grade Securitized ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend is Thursday, February 26th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

About Fidelity Investment Grade Securitized ETF

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.