Stonebridge Financial Planning Group LLC Sells 13,111 Shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY)

Stonebridge Financial Planning Group LLC lessened its stake in Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 26.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,328 shares of the company’s stock after selling 13,111 shares during the quarter. Fidelity High Yield Factor ETF accounts for approximately 1.0% of Stonebridge Financial Planning Group LLC’s holdings, making the stock its 25th biggest position. Stonebridge Financial Planning Group LLC owned approximately 0.62% of Fidelity High Yield Factor ETF worth $1,789,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FDHY. Fortitude Family Office LLC bought a new stake in shares of Fidelity High Yield Factor ETF during the fourth quarter valued at approximately $47,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of Fidelity High Yield Factor ETF in the third quarter worth $219,000. Private Advisor Group LLC lifted its holdings in shares of Fidelity High Yield Factor ETF by 5.9% during the third quarter. Private Advisor Group LLC now owns 5,323 shares of the company’s stock valued at $243,000 after purchasing an additional 298 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in Fidelity High Yield Factor ETF by 27.2% in the 3rd quarter. Kestra Advisory Services LLC now owns 8,371 shares of the company’s stock worth $383,000 after buying an additional 1,788 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of Fidelity High Yield Factor ETF during the fourth quarter valued at approximately $1,040,000.

Fidelity High Yield Factor ETF Price Performance

Shares of NYSEARCA FDHY traded down $0.13 during midday trading on Tuesday, hitting $47.32. 31,091 shares of the stock traded hands, compared to its average volume of 26,257. Fidelity High Yield Factor ETF has a one year low of $44.64 and a one year high of $48.50. The firm has a 50-day moving average of $47.74 and a two-hundred day moving average of $47.30.

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.