Fidelity Low Duration Bond Factor ETF $FLDR Shares Sold by Cedar Point Capital Partners LLC

Cedar Point Capital Partners LLC cut its stake in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 22.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,192 shares of the company’s stock after selling 33,724 shares during the period. Fidelity Low Duration Bond Factor ETF accounts for about 4.1% of Cedar Point Capital Partners LLC’s portfolio, making the stock its 9th largest position. Cedar Point Capital Partners LLC owned about 0.63% of Fidelity Low Duration Bond Factor ETF worth $5,868,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of FLDR. Spire Wealth Management acquired a new stake in Fidelity Low Duration Bond Factor ETF during the 1st quarter valued at approximately $39,000. ORG Partners LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF during the 2nd quarter valued at approximately $87,000. IFP Advisors Inc lifted its stake in Fidelity Low Duration Bond Factor ETF by 19.4% during the 1st quarter. IFP Advisors Inc now owns 1,948 shares of the company’s stock valued at $98,000 after acquiring an additional 316 shares during the period. West Branch Capital LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF during the 2nd quarter valued at approximately $116,000. Finally, Riverstone Advisors LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF during the 1st quarter valued at approximately $200,000.

Fidelity Low Duration Bond Factor ETF Stock Performance

Shares of BATS FLDR opened at $50.46 on Wednesday. Fidelity Low Duration Bond Factor ETF has a 12 month low of $49.73 and a 12 month high of $52.00. The company has a 50 day simple moving average of $50.31 and a two-hundred day simple moving average of $50.15.

Fidelity Low Duration Bond Factor ETF Company 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.