Lowery Thomas LLC Acquires 16,876 Shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Lowery Thomas LLC increased its stake in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 34.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,512 shares of the company’s stock after buying an additional 16,876 shares during the period. Fidelity Low Duration Bond Factor ETF accounts for approximately 2.1% of Lowery Thomas LLC’s holdings, making the stock its 17th biggest holding. Lowery Thomas LLC owned about 0.75% of Fidelity Low Duration Bond Factor ETF worth $3,271,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position 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 valued at $79,000 after acquiring an additional 467 shares during the last quarter. Global Retirement Partners LLC bought a new stake in Fidelity Low Duration Bond Factor ETF during the 4th quarter worth approximately $112,000. J.W. Cole Advisors Inc. increased its holdings in Fidelity Low Duration Bond Factor ETF by 22.5% during the 4th quarter. J.W. Cole Advisors Inc. now owns 5,240 shares of the company’s stock worth $262,000 after purchasing an additional 964 shares in the last quarter. Mach 1 Financial Group LLC acquired a new position in Fidelity Low Duration Bond Factor ETF during the 3rd quarter worth approximately $411,000. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of Fidelity Low Duration Bond Factor ETF by 217.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 8,900 shares of the company’s stock valued at $444,000 after acquiring an additional 6,100 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Stock Performance

BATS FLDR opened at $50.13 on Monday. The stock’s 50-day moving average price is $50.05 and its two-hundred day moving average price is $50.14.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

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