AE Wealth Management LLC Purchases 59,482 Shares of Fidelity Low Duration Bond Factor ETF $FLDR

AE Wealth Management LLC boosted its position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 17.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 399,536 shares of the company’s stock after acquiring an additional 59,482 shares during the quarter. AE Wealth Management LLC owned 2.14% of Fidelity Low Duration Bond Factor ETF worth $20,069,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in FLDR. Northwestern Mutual Wealth Management Co. bought a new position in shares of Fidelity Low Duration Bond Factor ETF during the second quarter valued at about $25,000. McIlrath & Eck LLC bought a new position in shares of Fidelity Low Duration Bond Factor ETF during the third quarter valued at about $41,000. Farther Finance Advisors LLC bought a new position in shares of Fidelity Low Duration Bond Factor ETF during the fourth quarter valued at about $100,000. Geneos Wealth Management Inc. bought a new position in shares of Fidelity Low Duration Bond Factor ETF during the third quarter valued at about $135,000. Finally, Accelerate Investment Advisors LLC bought a new position in shares of Fidelity Low Duration Bond Factor ETF during the third quarter valued at about $210,000.

Fidelity Low Duration Bond Factor ETF Stock Up 0.1%

Shares of BATS:FLDR opened at $50.19 on Friday. The stock’s 50-day moving average price is $50.22 and its 200-day moving average price is $50.27. Fidelity Low Duration Bond Factor ETF has a 12-month low of $49.02 and a 12-month high of $50.62.

Fidelity Low Duration Bond Factor ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were paid a dividend of $0.168 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is an increase from Fidelity Low Duration Bond Factor ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Thursday, February 26th.

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. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.