135,000 Shares in Fidelity High Yield Factor ETF $FDHY Bought by Moody National Bank Trust Division

Moody National Bank Trust Division acquired a new stake in Fidelity High Yield Factor ETF (NYSEARCA:FDHY) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 135,000 shares of the company’s stock, valued at approximately $6,413,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kestra Private Wealth Services LLC grew its holdings in Fidelity High Yield Factor ETF by 2.5% in the first quarter. Kestra Private Wealth Services LLC now owns 10,759 shares of the company’s stock valued at $522,000 after purchasing an additional 263 shares during the last quarter. Sigma Planning Corp raised its stake in shares of Fidelity High Yield Factor ETF by 2.2% during the 1st quarter. Sigma Planning Corp now owns 21,011 shares of the company’s stock worth $1,020,000 after buying an additional 457 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in shares of Fidelity High Yield Factor ETF in the 4th quarter worth about $25,000. Solstein Capital LLC purchased a new stake in shares of Fidelity High Yield Factor ETF in the 2nd quarter worth about $25,000. Finally, NWF Advisory Services Inc. grew its stake in Fidelity High Yield Factor ETF by 11.3% in the 4th quarter. NWF Advisory Services Inc. now owns 8,278 shares of the company’s stock valued at $408,000 after acquiring an additional 840 shares during the last quarter.

Fidelity High Yield Factor ETF Stock Performance

NYSEARCA:FDHY traded up $0.14 during mid-day trading on Tuesday, hitting $47.76. 114,378 shares of the company’s stock traded hands, compared to its average volume of 83,958. The firm’s 50 day simple moving average is $48.71 and its 200 day simple moving average is $48.94. Fidelity High Yield Factor ETF has a 1 year low of $47.15 and a 1 year high of $49.70.

About Fidelity High Yield Factor ETF

The Fidelity High Yield Factor ETF (FDHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund using a quantitative screen to select high-yield bonds issued by US and foreign corporations. The fund seeks a high level of income, and may also seek capital appreciation. FDHY was launched on Jun 12, 2018 and is managed by Fidelity.