Fidelity High Yield Factor ETF $FDHY Stock Holdings Lifted by Flavin Financial Services Inc.

Flavin Financial Services Inc. boosted its holdings in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 28.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,309 shares of the company’s stock after buying an additional 22,580 shares during the period. Fidelity High Yield Factor ETF makes up 3.5% of Flavin Financial Services Inc.’s holdings, making the stock its 7th largest position. Flavin Financial Services Inc. owned approximately 1.14% of Fidelity High Yield Factor ETF worth $4,995,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC grew its stake in shares of Fidelity High Yield Factor ETF by 148.9% during the second quarter. Golden State Wealth Management LLC now owns 1,593 shares of the company’s stock worth $78,000 after acquiring an additional 953 shares during the last quarter. Clearstead Trust LLC increased its stake in Fidelity High Yield Factor ETF by 2,056.8% during the 3rd quarter. Clearstead Trust LLC now owns 3,343 shares of the company’s stock valued at $165,000 after purchasing an additional 3,188 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Fidelity High Yield Factor ETF by 11.9% during the third quarter. Envestnet Asset Management Inc. now owns 8,154 shares of the company’s stock worth $402,000 after buying an additional 869 shares during the period. Foronjy Financial LLC grew its holdings in shares of Fidelity High Yield Factor ETF by 9.5% during the third quarter. Foronjy Financial LLC now owns 8,355 shares of the company’s stock valued at $412,000 after buying an additional 728 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Fidelity High Yield Factor ETF by 6.2% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 10,862 shares of the company’s stock valued at $535,000 after acquiring an additional 630 shares during the period.

Fidelity High Yield Factor ETF Stock Down 0.3%

Shares of FDHY opened at $48.97 on Monday. The stock has a 50-day moving average of $49.47 and a two-hundred day moving average of $49.33. Fidelity High Yield Factor ETF has a one year low of $45.41 and a one year high of $49.71.

Fidelity High Yield Factor ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, February 26th were issued a dividend of $0.27 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. This is a positive change from Fidelity High Yield Factor ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Thursday, February 26th.

Fidelity High Yield Factor ETF Profile

The Fidelity High Yield Factor ETF (FDHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund using a quantitative screen to select high-yield bonds issued by US and foreign corporations. The fund seeks a high level of income, and may also seek capital appreciation. FDHY was launched on Jun 12, 2018 and is managed by Fidelity.