Fidelity High Yield Factor ETF (NYSEARCA:FDHY) Shares Purchased by Flavin Financial Services Inc.

Flavin Financial Services Inc. raised its stake in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 5.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 77,504 shares of the company’s stock after purchasing an additional 3,766 shares during the period. Fidelity High Yield Factor ETF accounts for 3.4% of Flavin Financial Services Inc.’s portfolio, making the stock its 7th largest position. Flavin Financial Services Inc. owned about 0.99% of Fidelity High Yield Factor ETF worth $3,723,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Golden State Wealth Management LLC increased its position in Fidelity High Yield Factor ETF by 101.3% during the first quarter. Golden State Wealth Management LLC now owns 1,280 shares of the company’s stock worth $61,000 after purchasing an additional 644 shares during the last quarter. Global Retirement Partners LLC increased its position in shares of Fidelity High Yield Factor ETF by 1,652.4% in 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 in the last quarter. Evergreen Private Wealth LLC increased its position in shares of Fidelity High Yield Factor ETF by 2.4% in the fourth quarter. Evergreen Private Wealth LLC now owns 46,170 shares of the company’s stock worth $2,228,000 after acquiring an additional 1,098 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Fidelity High Yield Factor ETF by 9.0% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 15,645 shares of the company’s stock worth $755,000 after acquiring an additional 1,295 shares in the last quarter. Finally, Breakwater Capital Group increased its position in shares of Fidelity High Yield Factor ETF by 14.0% in the first quarter. Breakwater Capital Group now owns 14,662 shares of the company’s stock worth $704,000 after acquiring an additional 1,804 shares in the last quarter.

Fidelity High Yield Factor ETF Price Performance

Fidelity High Yield Factor ETF stock opened at $48.93 on Thursday. Fidelity High Yield Factor ETF has a 52-week low of $45.41 and a 52-week high of $49.79. The firm has a fifty day moving average of $48.11 and a 200-day moving average of $48.28.

About Fidelity High Yield Factor ETF

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.