Sigma Planning Corp purchased a new position in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY – Free Report) during the third quarter, HoldingsChannel.com reports. The fund purchased 18,002 shares of the company’s stock, valued at approximately $855,000.
Several other institutional investors have also modified their holdings of the business. Solstein Capital LLC bought a new position in shares of Fidelity High Yield Factor ETF during the 2nd quarter valued at about $25,000. Financial Management Professionals Inc. bought a new stake in Fidelity High Yield Factor ETF during the 3rd quarter worth approximately $57,000. Continuum Advisory LLC bought a new stake in Fidelity High Yield Factor ETF during the 2nd quarter worth approximately $142,000. Citizens Financial Group Inc. RI bought a new stake in Fidelity High Yield Factor ETF during the 3rd quarter worth approximately $241,000. Finally, Symphony Financial Ltd. Co. acquired a new stake in Fidelity High Yield Factor ETF during the 2nd quarter worth approximately $250,000.
Fidelity High Yield Factor ETF Stock Down 0.1%
Shares of FDHY opened at $47.73 on Friday. Fidelity High Yield Factor ETF has a twelve month low of $47.15 and a twelve month high of $49.70. The firm’s 50 day moving average price is $48.24 and its two-hundred day moving average price is $48.92.
Fidelity High Yield Factor ETF 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. FDHY was launched on Jun 12, 2018 and is managed by Fidelity.
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Want to see what other hedge funds are holding FDHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity High Yield Factor ETF (NYSEARCA:FDHY – Free Report).
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