Fidelity High Yield Factor ETF (NYSEARCA:FDHY) Shares Purchased by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 9.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,645 shares of the company’s stock after purchasing an additional 1,295 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors owned about 0.25% of Fidelity High Yield Factor ETF worth $755,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Sigma Planning Corp raised its holdings in shares of Fidelity High Yield Factor ETF by 1.9% in the third quarter. Sigma Planning Corp now owns 21,800 shares of the company’s stock worth $1,075,000 after buying an additional 404 shares during the last quarter. Sunbelt Securities Inc. increased its position in shares of Fidelity High Yield Factor ETF by 11.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 4,771 shares of the company’s stock valued at $235,000 after acquiring an additional 486 shares during the period. Golden State Wealth Management LLC purchased a new position in Fidelity High Yield Factor ETF in the 4th quarter worth $31,000. MML Investors Services LLC lifted its position in Fidelity High Yield Factor ETF by 12.1% during the 3rd quarter. MML Investors Services LLC now owns 6,040 shares of the company’s stock worth $298,000 after acquiring an additional 650 shares during the period. Finally, Great Lakes Retirement Inc. grew its stake in Fidelity High Yield Factor ETF by 2.9% during the 4th quarter. Great Lakes Retirement Inc. now owns 24,136 shares of the company’s stock valued at $1,172,000 after purchasing an additional 688 shares during the last quarter.

Fidelity High Yield Factor ETF Price Performance

Shares of FDHY stock opened at $48.66 on Friday. Fidelity High Yield Factor ETF has a fifty-two week low of $47.05 and a fifty-two week high of $49.79. The stock’s 50-day simple moving average is $48.66 and its 200-day simple moving average is $48.84.

Fidelity High Yield Factor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 3rd. Investors of record on Thursday, February 27th were issued a $0.251 dividend. The ex-dividend date of this dividend was Thursday, February 27th.

Fidelity High Yield Factor ETF Company 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.