Kraft Davis & Associates LLC Sells 19,115 Shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Kraft Davis & Associates LLC reduced its position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 35.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 34,180 shares of the company’s stock after selling 19,115 shares during the period. Kraft Davis & Associates LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $1,709,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FLDR. Cetera Investment Advisers lifted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 174.5% in the 1st quarter. Cetera Investment Advisers now owns 32,243 shares of the company’s stock valued at $1,611,000 after acquiring an additional 20,499 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 68.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 60,350 shares of the company’s stock worth $3,012,000 after purchasing an additional 24,494 shares during the period. Susquehanna International Group LLP bought a new position in shares of Fidelity Low Duration Bond Factor ETF during the 2nd quarter valued at approximately $5,549,000. Strategic Blueprint LLC raised its holdings in Fidelity Low Duration Bond Factor ETF by 6.4% during the 2nd quarter. Strategic Blueprint LLC now owns 5,409 shares of the company’s stock valued at $270,000 after buying an additional 323 shares during the period. Finally, Ritholtz Wealth Management bought a new stake in Fidelity Low Duration Bond Factor ETF in the second quarter worth $276,000.

Fidelity Low Duration Bond Factor ETF Stock Performance

Shares of BATS:FLDR opened at $50.14 on Wednesday. The firm’s 50 day moving average price is $50.19 and its 200-day moving average price is $50.14.

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.