Golden State Wealth Management LLC Buys New Position in Fidelity High Yield Factor ETF (NYSEARCA:FDHY)

Golden State Wealth Management LLC bought a new stake in Fidelity High Yield Factor ETF (NYSEARCA:FDHY) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 636 shares of the company’s stock, valued at approximately $31,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Flavin Financial Services Inc. bought a new position in shares of Fidelity High Yield Factor ETF during the 4th quarter worth approximately $3,558,000. Financial Management Professionals Inc. boosted its stake in shares of Fidelity High Yield Factor ETF by 12.4% during the 3rd quarter. Financial Management Professionals Inc. now owns 394,801 shares of the company’s stock worth $19,468,000 after acquiring an additional 43,505 shares during the period. OmniStar Financial Group Inc. boosted its stake in shares of Fidelity High Yield Factor ETF by 150.4% during the 3rd quarter. OmniStar Financial Group Inc. now owns 43,435 shares of the company’s stock worth $2,145,000 after acquiring an additional 26,091 shares during the period. Great Lakes Retirement Inc. bought a new position in shares of Fidelity High Yield Factor ETF during the 3rd quarter worth approximately $1,162,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Fidelity High Yield Factor ETF by 422.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,465 shares of the company’s stock worth $615,000 after acquiring an additional 10,080 shares during the period.

Fidelity High Yield Factor ETF Trading Down 0.0 %

Shares of NYSEARCA FDHY opened at $48.62 on Wednesday. Fidelity High Yield Factor ETF has a 12 month low of $47.05 and a 12 month high of $49.79. The stock has a 50 day moving average of $48.65 and a 200-day moving average of $48.79.

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.