Concurrent Investment Advisors LLC Makes New Investment in Fidelity Corporate Bond ETF (NYSEARCA:FCOR)

Concurrent Investment Advisors LLC purchased a new position in Fidelity Corporate Bond ETF (NYSEARCA:FCOR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 14,988 shares of the company’s stock, valued at approximately $695,000. Concurrent Investment Advisors LLC owned 0.32% of Fidelity Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Valmark Advisers Inc. lifted its position in shares of Fidelity Corporate Bond ETF by 8.3% in the 4th quarter. Valmark Advisers Inc. now owns 42,380 shares of the company’s stock worth $1,966,000 after purchasing an additional 3,260 shares during the period. Jane Street Group LLC lifted its position in shares of Fidelity Corporate Bond ETF by 159.8% in the 3rd quarter. Jane Street Group LLC now owns 39,352 shares of the company’s stock worth $1,902,000 after purchasing an additional 24,204 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Fidelity Corporate Bond ETF by 52.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 38,009 shares of the company’s stock worth $1,837,000 after purchasing an additional 13,096 shares during the period. Stratos Wealth Partners LTD. lifted its position in shares of Fidelity Corporate Bond ETF by 13.1% in the 4th quarter. Stratos Wealth Partners LTD. now owns 15,341 shares of the company’s stock worth $712,000 after purchasing an additional 1,778 shares during the period. Finally, Glen Eagle Advisors LLC lifted its position in shares of Fidelity Corporate Bond ETF by 32.2% in the 3rd quarter. Glen Eagle Advisors LLC now owns 9,721 shares of the company’s stock worth $470,000 after purchasing an additional 2,370 shares during the period.

Fidelity Corporate Bond ETF Trading Up 0.4 %

Fidelity Corporate Bond ETF stock opened at $46.87 on Monday. Fidelity Corporate Bond ETF has a 12-month low of $44.98 and a 12-month high of $49.09. The firm’s fifty day moving average is $46.43 and its 200 day moving average is $47.22.

Fidelity Corporate Bond ETF Profile

The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.