Northwestern Mutual Wealth Management Co. Acquires 135,377 Shares of Fidelity Investment Grade Securitized ETF $FSEC

Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) by 1,860.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 142,653 shares of the company’s stock after purchasing an additional 135,377 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.14% of Fidelity Investment Grade Securitized ETF worth $6,295,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Fidelity Investment Grade Securitized ETF by 25.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 66,495 shares of the company’s stock valued at $2,938,000 after purchasing an additional 13,542 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Fidelity Investment Grade Securitized ETF by 97.4% in the 2nd quarter. Jane Street Group LLC now owns 57,825 shares of the company’s stock valued at $2,519,000 after purchasing an additional 28,525 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of Fidelity Investment Grade Securitized ETF in the 3rd quarter valued at about $2,076,000. JPMorgan Chase & Co. boosted its stake in shares of Fidelity Investment Grade Securitized ETF by 93.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 36,904 shares of the company’s stock valued at $1,627,000 after purchasing an additional 17,855 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Fidelity Investment Grade Securitized ETF by 182.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 31,823 shares of the company’s stock valued at $1,403,000 after purchasing an additional 20,556 shares during the last quarter.

Fidelity Investment Grade Securitized ETF Stock Up 0.0%

Shares of NYSEARCA FSEC opened at $43.78 on Friday. Fidelity Investment Grade Securitized ETF has a 1 year low of $42.54 and a 1 year high of $45.60. The firm’s 50-day moving average is $43.99 and its 200-day moving average is $44.26.

Fidelity Investment Grade Securitized ETF Profile

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.