Envestnet Asset Management Inc. Sells 53,449 Shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Envestnet Asset Management Inc. cut its stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 42.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,854 shares of the company’s stock after selling 53,449 shares during the quarter. Envestnet Asset Management Inc. owned 0.83% of Fidelity Low Duration Bond Factor ETF worth $3,586,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Cetera Investment Advisers boosted its holdings in Fidelity Low Duration Bond Factor ETF by 174.5% during the first quarter. Cetera Investment Advisers now owns 32,243 shares of the company’s stock worth $1,611,000 after purchasing an additional 20,499 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Fidelity Low Duration Bond Factor ETF by 68.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 60,350 shares of the company’s stock valued at $3,012,000 after acquiring an additional 24,494 shares in the last quarter. Strategic Blueprint LLC increased its position in shares of Fidelity Low Duration Bond Factor ETF by 6.4% during the second quarter. Strategic Blueprint LLC now owns 5,409 shares of the company’s stock valued at $270,000 after acquiring an additional 323 shares during the last quarter. Birchcreek Wealth Management LLC boosted its position in Fidelity Low Duration Bond Factor ETF by 60.5% in the second quarter. Birchcreek Wealth Management LLC now owns 13,973 shares of the company’s stock worth $697,000 after purchasing an additional 5,268 shares during the last quarter. Finally, Ritholtz Wealth Management bought a new position in Fidelity Low Duration Bond Factor ETF in the 2nd quarter valued at $276,000.

Fidelity Low Duration Bond Factor ETF Stock Up 0.0 %

Shares of Fidelity Low Duration Bond Factor ETF stock opened at $50.24 on Thursday. The company’s 50-day simple moving average is $50.27 and its two-hundred day simple moving average is $50.09.

Fidelity Low Duration Bond Factor ETF 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.