Great Lakes Retirement Inc. Reduces Stock Holdings in Fidelity High Yield Factor ETF (NYSEARCA:FDHY)

Great Lakes Retirement Inc. reduced its holdings in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 4.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,005 shares of the company’s stock after selling 1,131 shares during the period. Great Lakes Retirement Inc. owned approximately 0.29% of Fidelity High Yield Factor ETF worth $1,112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Global Retirement Partners LLC grew its stake in shares of Fidelity High Yield Factor ETF by 1,652.4% during the fourth quarter. Global Retirement Partners LLC now owns 736 shares of the company’s stock worth $36,000 after acquiring an additional 694 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in Fidelity High Yield Factor ETF by 78.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 8,855 shares of the company’s stock valued at $427,000 after purchasing an additional 3,894 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in shares of Fidelity High Yield Factor ETF by 172.4% in the fourth quarter. Sunbelt Securities Inc. now owns 12,997 shares of the company’s stock worth $627,000 after buying an additional 8,226 shares during the last quarter. Breakwater Capital Group lifted its stake in shares of Fidelity High Yield Factor ETF by 14.0% during the first quarter. Breakwater Capital Group now owns 14,662 shares of the company’s stock worth $704,000 after buying an additional 1,804 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of Fidelity High Yield Factor ETF by 9.0% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 15,645 shares of the company’s stock valued at $755,000 after buying an additional 1,295 shares during the last quarter.

Fidelity High Yield Factor ETF Stock Up 0.3%

Shares of FDHY opened at $48.50 on Tuesday. The stock has a 50-day moving average of $47.85 and a two-hundred day moving average of $48.28. Fidelity High Yield Factor ETF has a one year low of $45.41 and a one year high of $49.79.

Fidelity High Yield Factor ETF Company Profile

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.