Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Stock Position Reduced by Sugar Maple Asset Management LLC

Sugar Maple Asset Management LLC cut its stake in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 14.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 8,413 shares of the company’s stock after selling 1,382 shares during the period. Sugar Maple Asset Management LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $420,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC purchased a new position in Fidelity Low Duration Bond Factor ETF during the fourth quarter valued at approximately $578,000. JPMorgan Chase & Co. grew its position in Fidelity Low Duration Bond Factor ETF by 42.3% in the third quarter. JPMorgan Chase & Co. now owns 1,572 shares of the company’s stock worth $79,000 after acquiring an additional 467 shares in the last quarter. Arete Wealth Advisors LLC grew its position in Fidelity Low Duration Bond Factor ETF by 63.8% in the third quarter. Arete Wealth Advisors LLC now owns 67,752 shares of the company’s stock worth $3,402,000 after acquiring an additional 26,400 shares in the last quarter. MML Investors Services LLC grew its position in Fidelity Low Duration Bond Factor ETF by 4.4% in the third quarter. MML Investors Services LLC now owns 32,678 shares of the company’s stock worth $1,641,000 after acquiring an additional 1,373 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in Fidelity Low Duration Bond Factor ETF by 8.7% in the third quarter. HighTower Advisors LLC now owns 46,058 shares of the company’s stock worth $2,314,000 after acquiring an additional 3,678 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Stock Up 0.2 %

FLDR stock opened at $50.04 on Tuesday. The business has a 50 day simple moving average of $50.06 and a 200 day simple moving average of $50.15.

Fidelity Low Duration Bond Factor ETF Cuts Dividend

The company also recently disclosed 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.

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.