Breakwater Capital Group Purchases 2,327 Shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY)

Breakwater Capital Group grew its position in Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 35.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 8,942 shares of the company’s stock after buying an additional 2,327 shares during the period. Breakwater Capital Group owned approximately 0.14% of Fidelity High Yield Factor ETF worth $427,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Sunbelt Securities Inc. increased its holdings in shares of Fidelity High Yield Factor ETF by 26.4% in the 1st quarter. Sunbelt Securities Inc. now owns 4,257 shares of the company’s stock worth $204,000 after purchasing an additional 888 shares in the last quarter. Principal Securities Inc. bought a new position in Fidelity High Yield Factor ETF during the 4th quarter valued at about $50,000. CreativeOne Wealth LLC boosted its holdings in shares of Fidelity High Yield Factor ETF by 55.3% during the 1st quarter. CreativeOne Wealth LLC now owns 7,457 shares of the company’s stock valued at $358,000 after acquiring an additional 2,655 shares during the last quarter. Lincoln National Corp grew its stake in shares of Fidelity High Yield Factor ETF by 2.7% in the fourth quarter. Lincoln National Corp now owns 105,886 shares of the company’s stock worth $5,074,000 after acquiring an additional 2,774 shares during the period. Finally, Avantax Advisory Services Inc. purchased a new position in shares of Fidelity High Yield Factor ETF during the fourth quarter valued at approximately $212,000.

Fidelity High Yield Factor ETF Trading Down 0.0 %

FDHY stock traded down $0.01 on Wednesday, hitting $49.13. The company had a trading volume of 34,581 shares, compared to its average volume of 27,544. Fidelity High Yield Factor ETF has a 12-month low of $44.64 and a 12-month high of $49.53. The stock’s 50-day simple moving average is $48.37 and its 200 day simple moving average is $47.99.

Fidelity High Yield Factor ETF Profile

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.