Lakeridge Wealth Management LLC Has $1.47 Million Holdings in Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Lakeridge Wealth Management LLC raised its holdings in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 590.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,494 shares of the company’s stock after buying an additional 25,224 shares during the period. Fidelity Low Duration Bond Factor ETF comprises approximately 0.8% of Lakeridge Wealth Management LLC’s investment portfolio, making the stock its 24th biggest holding. Lakeridge Wealth Management LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $1,473,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 42.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,572 shares of the company’s stock worth $79,000 after buying an additional 467 shares during the period. Cedar Point Capital Partners LLC grew its position in shares of Fidelity Low Duration Bond Factor ETF by 4.7% in the third quarter. Cedar Point Capital Partners LLC now owns 142,644 shares of the company’s stock valued at $7,162,000 after purchasing an additional 6,353 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Fidelity Low Duration Bond Factor ETF during the fourth quarter worth approximately $578,000. Great Lakes Retirement Inc. acquired a new stake in Fidelity Low Duration Bond Factor ETF during the 3rd quarter worth approximately $2,301,000. Finally, Planning Directions Inc. lifted its holdings in Fidelity Low Duration Bond Factor ETF by 2.7% during the 3rd quarter. Planning Directions Inc. now owns 79,796 shares of the company’s stock worth $4,007,000 after purchasing an additional 2,072 shares during the last quarter.

Fidelity Low Duration Bond Factor ETF Trading Up 0.4 %

Shares of BATS FLDR opened at $50.12 on Friday. The firm has a 50 day moving average price of $50.04 and a two-hundred day moving average price of $50.14.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 30th were given a $0.219 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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.