Moody National Bank Trust Division Grows Position in Fidelity High Yield Factor ETF (NYSEARCA:FDHY)

Moody National Bank Trust Division lifted its stake in Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 1.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 101,207 shares of the company’s stock after buying an additional 1,898 shares during the period. Moody National Bank Trust Division’s holdings in Fidelity High Yield Factor ETF were worth $4,883,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of FDHY. Axxcess Wealth Management LLC bought a new position in shares of Fidelity High Yield Factor ETF during the 2nd quarter worth approximately $1,830,000. Dentgroup LLC purchased a new position in shares of Fidelity High Yield Factor ETF during the 3rd quarter valued at about $1,113,000. Freestate Advisors LLC acquired a new position in Fidelity High Yield Factor ETF in the third quarter valued at approximately $286,000. OmniStar Financial Group Inc. increased its holdings in Fidelity High Yield Factor ETF by 150.4% in the third quarter. OmniStar Financial Group Inc. now owns 43,435 shares of the company’s stock valued at $2,145,000 after buying an additional 26,091 shares in the last quarter. Finally, Great Lakes Retirement Inc. acquired a new position in shares of Fidelity High Yield Factor ETF in the third quarter worth about $1,162,000.

Fidelity High Yield Factor ETF Stock Down 0.3 %

Shares of Fidelity High Yield Factor ETF stock traded down $0.13 on Monday, reaching $48.07. The company’s stock had a trading volume of 438,483 shares, compared to its average volume of 42,098. The stock has a 50-day moving average price of $48.74 and a 200-day moving average price of $48.72. Fidelity High Yield Factor ETF has a 52-week low of $47.05 and a 52-week high of $49.79.

Fidelity High Yield Factor ETF Company 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.