Raymond James Financial Inc. Makes New Investment in Fidelity Corporate Bond ETF (NYSEARCA:FCOR)

Raymond James Financial Inc. acquired a new stake in Fidelity Corporate Bond ETF (NYSEARCA:FCOR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 99,662 shares of the company’s stock, valued at approximately $4,622,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC grew its holdings in Fidelity Corporate Bond ETF by 150.9% during the 3rd quarter. FMR LLC now owns 567 shares of the company’s stock worth $27,000 after acquiring an additional 341 shares in the last quarter. Flow Traders U.S. LLC increased its holdings in Fidelity Corporate Bond ETF by 3.0% in the third quarter. Flow Traders U.S. LLC now owns 9,417 shares of the company’s stock valued at $455,000 after buying an additional 272 shares during the last quarter. Jane Street Group LLC raised its stake in Fidelity Corporate Bond ETF by 159.8% in the third quarter. Jane Street Group LLC now owns 39,352 shares of the company’s stock valued at $1,902,000 after buying an additional 24,204 shares in the last quarter. Glen Eagle Advisors LLC lifted its holdings in Fidelity Corporate Bond ETF by 32.2% during the 3rd quarter. Glen Eagle Advisors LLC now owns 9,721 shares of the company’s stock worth $470,000 after buying an additional 2,370 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in shares of Fidelity Corporate Bond ETF by 5.4% during the 3rd quarter. MML Investors Services LLC now owns 9,205 shares of the company’s stock worth $445,000 after acquiring an additional 469 shares in the last quarter.

Fidelity Corporate Bond ETF Price Performance

Shares of NYSEARCA FCOR opened at $46.97 on Wednesday. The stock’s 50-day simple moving average is $46.75 and its 200-day simple moving average is $47.10. Fidelity Corporate Bond ETF has a fifty-two week low of $44.98 and a fifty-two week high of $49.09.

Fidelity Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were issued a dividend of $0.166 per share. The ex-dividend date of this dividend was Thursday, February 27th.

Fidelity Corporate Bond ETF Company Profile

The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.