Grimes & Company Inc. Purchases New Shares in Fidelity Low Duration Bond Factor ETF $FLDR

Grimes & Company Inc. purchased a new stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 8,029 shares of the company’s stock, valued at approximately $402,000.

Several other institutional investors have also added to or reduced their stakes in FLDR. Tounjian Advisory Partners LLC bought a new stake in Fidelity Low Duration Bond Factor ETF in the 1st quarter valued at $825,000. Lakeridge Wealth Management LLC boosted its stake in Fidelity Low Duration Bond Factor ETF by 62.8% in the 1st quarter. Lakeridge Wealth Management LLC now owns 48,030 shares of the company’s stock valued at $2,407,000 after purchasing an additional 18,536 shares during the period. JFS Wealth Advisors LLC bought a new stake in Fidelity Low Duration Bond Factor ETF in the 1st quarter valued at $92,000. Spire Wealth Management bought a new stake in shares of Fidelity Low Duration Bond Factor ETF during the 1st quarter valued at $39,000. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of Fidelity Low Duration Bond Factor ETF during the 1st quarter valued at $1,525,000.

Fidelity Low Duration Bond Factor ETF Trading Up 0.7%

BATS:FLDR opened at $50.27 on Wednesday. The stock has a fifty day moving average price of $50.25 and a 200-day moving average price of $50.12. Fidelity Low Duration Bond Factor ETF has a fifty-two week low of $49.73 and a fifty-two week high of $52.00.

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.