Foundations Investment Advisors LLC Acquires New Holdings in Fidelity Low Duration Bond Factor ETF (BATS:FLDR)

Foundations Investment Advisors LLC bought a new position in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) during the third quarter, HoldingsChannel reports. The fund bought 14,817 shares of the company’s stock, valued at approximately $744,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brown Brothers Harriman & Co. acquired a new position in shares of Fidelity Low Duration Bond Factor ETF in the second quarter valued at approximately $30,000. First Community Trust NA bought a new position in shares of Fidelity Low Duration Bond Factor ETF during the third quarter valued at $114,000. MN Wealth Advisors LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the second quarter worth $202,000. Lakeridge Wealth Management LLC bought a new stake in shares of Fidelity Low Duration Bond Factor ETF in the third quarter worth $214,000. Finally, Strategic Blueprint LLC increased its holdings in Fidelity Low Duration Bond Factor ETF by 6.4% in the second quarter. Strategic Blueprint LLC now owns 5,409 shares of the company’s stock valued at $270,000 after purchasing an additional 323 shares during the period.

Fidelity Low Duration Bond Factor ETF Stock Performance

Shares of FLDR opened at $50.22 on Friday. The stock’s 50 day moving average is $50.27 and its 200-day moving average is $50.11.

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.