17,934 Shares in Fidelity High Yield Factor ETF (NYSEARCA:FDHY) Acquired by BG Investment Services Inc.

BG Investment Services Inc. purchased a new stake in Fidelity High Yield Factor ETF (NYSEARCA:FDHY) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 17,934 shares of the company’s stock, valued at approximately $865,000. Fidelity High Yield Factor ETF accounts for about 0.9% of BG Investment Services Inc.’s holdings, making the stock its 17th biggest holding. BG Investment Services Inc. owned 0.28% of Fidelity High Yield Factor ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC lifted its position in shares of Fidelity High Yield Factor ETF by 9.6% during the 4th quarter. LPL Financial LLC now owns 352,276 shares of the company’s stock valued at $16,997,000 after acquiring an additional 30,805 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of Fidelity High Yield Factor ETF by 24.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 110,057 shares of the company’s stock valued at $5,310,000 after purchasing an additional 21,876 shares during the period. Avantax Advisory Services Inc. boosted its position in shares of Fidelity High Yield Factor ETF by 78.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 8,855 shares of the company’s stock worth $427,000 after purchasing an additional 3,894 shares in the last quarter. Evergreen Private Wealth LLC boosted its position in shares of Fidelity High Yield Factor ETF by 2.4% during the 4th quarter. Evergreen Private Wealth LLC now owns 46,170 shares of the company’s stock worth $2,228,000 after purchasing an additional 1,098 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in shares of Fidelity High Yield Factor ETF by 9.0% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 15,645 shares of the company’s stock valued at $755,000 after buying an additional 1,295 shares during the period.

Fidelity High Yield Factor ETF Stock Down 0.1 %

FDHY stock opened at $48.55 on Wednesday. The stock’s 50 day simple moving average is $48.68 and its 200 day simple moving average is $48.78. Fidelity High Yield Factor ETF has a fifty-two week low of $47.05 and a fifty-two week high of $49.79.

Fidelity High Yield Factor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 3rd. Stockholders of record on Thursday, February 27th were given a dividend of $0.251 per share. The ex-dividend date of this dividend was Thursday, February 27th.

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.