Fidelity Low Duration Bond Factor ETF (BATS:FLDR – Get Free Report) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 2,474 shares, a decrease of 81.2% from the July 30th total of 13,183 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 173,744 shares, the days-to-cover ratio is presently 0.0 days.
Institutional Trading of Fidelity Low Duration Bond Factor ETF
A number of institutional investors have recently made changes to their positions in FLDR. Royal Bank of Canada increased its stake in shares of Fidelity Low Duration Bond Factor ETF by 170.5% in the first quarter. Royal Bank of Canada now owns 88,616 shares of the company’s stock worth $4,441,000 after buying an additional 55,851 shares during the period. Jane Street Group LLC raised its holdings in Fidelity Low Duration Bond Factor ETF by 14.9% during the 1st quarter. Jane Street Group LLC now owns 38,793 shares of the company’s stock valued at $1,944,000 after buying an additional 5,044 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in Fidelity Low Duration Bond Factor ETF during the 2nd quarter valued at $25,000. Raymond James Financial Inc. grew its holdings in Fidelity Low Duration Bond Factor ETF by 2,486.6% in the 2nd quarter. Raymond James Financial Inc. now owns 578,139 shares of the company’s stock worth $28,947,000 after acquiring an additional 555,788 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in Fidelity Low Duration Bond Factor ETF by 7.5% in the 2nd quarter. Bank of America Corp DE now owns 254,599 shares of the company’s stock worth $12,748,000 after acquiring an additional 17,670 shares during the last quarter.
Fidelity Low Duration Bond Factor ETF Stock Performance
FLDR opened at $50.18 on Friday. The stock’s 50 day simple moving average is $50.13 and its 200 day simple moving average is $50.16. Fidelity Low Duration Bond Factor ETF has a 1 year low of $49.02 and a 1 year high of $50.62.
About Fidelity Low Duration Bond Factor ETF
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. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.
Further Reading
- Five stocks we like better than Fidelity Low Duration Bond Factor ETF
- Salesforce Turns the Corner as AI Fears Start to Fade
- Could Falling Yields Make REIT Stocks Worth a Second Look?
- CrowdStrike’s “Mythos Moment” Tests the Bigger AI Security Trade
- 3 Stocks Facing New Pressure From Section 338 Tariffs on Canadian Goods
Receive News & Ratings for Fidelity Low Duration Bond Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Low Duration Bond Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
