World Investment Advisors Takes $1.72 Million Position in Fidelity Low Duration Bond Factor ETF $FLDR

World Investment Advisors purchased a new stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 34,255 shares of the company’s stock, valued at approximately $1,721,000.

A number of other institutional investors also recently modified their holdings of FLDR. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Fidelity Low Duration Bond Factor ETF in the second quarter valued at about $25,000. Elevated Capital Advisors LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at about $88,000. Farther Finance Advisors LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at about $100,000. WPG Advisers LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at about $165,000. Finally, GK Wealth Management LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the fourth quarter valued at about $222,000.

Fidelity Low Duration Bond Factor ETF Stock Down 0.0%

BATS:FLDR opened at $50.10 on Friday. The stock’s 50-day simple moving average is $50.15 and its 200 day simple moving average is $50.25. Fidelity Low Duration Bond Factor ETF has a 52-week low of $49.02 and a 52-week high of $50.62.

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. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.