Cottage Street Advisors LLC Acquires 15,244 Shares of Fidelity Low Duration Bond Factor ETF $FLDR

Cottage Street Advisors LLC boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF (BATS:FLDR) by 32.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,706 shares of the company’s stock after purchasing an additional 15,244 shares during the period. Fidelity Low Duration Bond Factor ETF comprises approximately 1.4% of Cottage Street Advisors LLC’s holdings, making the stock its 21st largest holding. Cottage Street Advisors LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $3,138,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Royal Bank of Canada lifted its holdings in Fidelity Low Duration Bond Factor ETF by 170.5% in the 1st 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 shares of Fidelity Low Duration Bond Factor ETF by 14.9% during the first quarter. Jane Street Group LLC now owns 38,793 shares of the company’s stock valued at $1,944,000 after acquiring an additional 5,044 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in Fidelity Low Duration Bond Factor ETF in the second quarter worth $25,000. Raymond James Financial Inc. lifted its stake in Fidelity Low Duration Bond Factor ETF by 2,486.6% in the second 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 period. Finally, Bank of America Corp DE lifted its stake in Fidelity Low Duration Bond Factor ETF by 7.5% in the second 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 period.

Fidelity Low Duration Bond Factor ETF Trading Up 0.1%

BATS:FLDR opened at $50.27 on Friday. The firm’s fifty day simple moving average is $50.15 and its 200 day simple moving average is $50.21. Fidelity Low Duration Bond Factor ETF has a twelve month low of $49.02 and a twelve month 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.