137,358 Shares in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Purchased by Archer Investment Management LLC

Archer Investment Management LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 137,358 shares of the company’s stock, valued at approximately $6,858,000. Fidelity Low Duration Bond Factor ETF makes up approximately 4.2% of Archer Investment Management LLC’s portfolio, making the stock its 8th largest holding.

Several other large investors also recently bought and sold shares of the business. RCS Financial Planning LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the 4th quarter valued at $4,867,000. Foundations Investment Advisors LLC raised its holdings in shares of Fidelity Low Duration Bond Factor ETF by 93.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 28,718 shares of the company’s stock valued at $1,434,000 after purchasing an additional 13,901 shares in the last quarter. Cedar Point Capital Partners LLC raised its holdings in shares of Fidelity Low Duration Bond Factor ETF by 5.6% in the 4th quarter. Cedar Point Capital Partners LLC now owns 150,578 shares of the company’s stock valued at $7,518,000 after purchasing an additional 7,934 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the 4th quarter valued at $578,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of Fidelity Low Duration Bond Factor ETF by 42.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,572 shares of the company’s stock valued at $79,000 after purchasing an additional 467 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Trading Up 0.1 %

BATS FLDR opened at $49.98 on Tuesday. The firm has a 50 day moving average of $50.05 and a two-hundred day moving average of $50.15.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 30th were paid a $0.219 dividend. The ex-dividend date was Monday, December 30th.

Fidelity Low Duration Bond Factor ETF Company Profile

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.