Fidelity High Yield Factor ETF (NYSEARCA:FDHY) Shares Bought by Sunbelt Securities Inc.

Sunbelt Securities Inc. lifted its holdings in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 26.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,257 shares of the company’s stock after purchasing an additional 888 shares during the quarter. Sunbelt Securities Inc. owned about 0.07% of Fidelity High Yield Factor ETF worth $204,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in FDHY. Advisory Services Network LLC raised its position in Fidelity High Yield Factor ETF by 53.3% in the 4th quarter. Advisory Services Network LLC now owns 180,356 shares of the company’s stock valued at $8,643,000 after purchasing an additional 62,735 shares in the last quarter. LPL Financial LLC raised its holdings in Fidelity High Yield Factor ETF by 34.0% in the third quarter. LPL Financial LLC now owns 190,018 shares of the company’s stock valued at $8,684,000 after acquiring an additional 48,195 shares in the last quarter. GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new stake in Fidelity High Yield Factor ETF in the third quarter valued at approximately $1,648,000. International Assets Investment Management LLC purchased a new position in Fidelity High Yield Factor ETF in the fourth quarter worth approximately $1,040,000. Finally, Shared Vision Wealth Group LLC acquired a new position in Fidelity High Yield Factor ETF during the 4th quarter worth approximately $730,000.

Fidelity High Yield Factor ETF Price Performance

Shares of NYSEARCA:FDHY opened at $47.77 on Friday. The company’s 50 day moving average is $47.81 and its two-hundred day moving average is $47.84. Fidelity High Yield Factor ETF has a 52 week low of $44.64 and a 52 week high of $48.50.

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.