Fidelity Corporate Bond ETF $FCOR Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its holdings in shares of Fidelity Corporate Bond ETF (NYSEARCA:FCOR) by 11.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 177,955 shares of the company’s stock after acquiring an additional 18,891 shares during the quarter. Envestnet Asset Management Inc. owned about 3.02% of Fidelity Corporate Bond ETF worth $8,542,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in FCOR. Osaic Holdings Inc. boosted its position in shares of Fidelity Corporate Bond ETF by 634.2% in the second quarter. Osaic Holdings Inc. now owns 27,592 shares of the company’s stock worth $1,307,000 after buying an additional 23,834 shares during the period. Cetera Investment Advisers raised its holdings in shares of Fidelity Corporate Bond ETF by 127.6% during the 2nd quarter. Cetera Investment Advisers now owns 18,978 shares of the company’s stock valued at $898,000 after buying an additional 10,638 shares during the period. Jaffetilchin Investment Partners LLC acquired a new position in Fidelity Corporate Bond ETF during the 2nd quarter worth approximately $825,000. Millington Financial Advisors LLC boosted its holdings in Fidelity Corporate Bond ETF by 3.6% in the 2nd quarter. Millington Financial Advisors LLC now owns 47,216 shares of the company’s stock worth $2,226,000 after acquiring an additional 1,655 shares during the period. Finally, GGM Financials LLC purchased a new position in Fidelity Corporate Bond ETF in the 2nd quarter worth approximately $567,000.

Fidelity Corporate Bond ETF Trading Up 0.1%

FCOR opened at $48.34 on Friday. The firm’s 50 day moving average is $48.00 and its 200-day moving average is $48.01. Fidelity Corporate Bond ETF has a 52-week low of $45.00 and a 52-week high of $48.79.

Fidelity Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 29th were issued a $0.168 dividend. The ex-dividend date was Thursday, January 29th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

Fidelity Corporate Bond ETF 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.