Moody National Bank Trust Division Boosts Stake in Fidelity High Yield Factor ETF (NYSEARCA:FDHY)

Moody National Bank Trust Division lifted its holdings in shares of Fidelity High Yield Factor ETF (NYSEARCA:FDHY) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 101,207 shares of the company’s stock after buying an additional 1,898 shares during the period. Moody National Bank Trust Division owned approximately 1.59% of Fidelity High Yield Factor ETF worth $4,883,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Financial Management Professionals Inc. boosted its position in Fidelity High Yield Factor ETF by 12.4% in the third quarter. Financial Management Professionals Inc. now owns 394,801 shares of the company’s stock worth $19,468,000 after purchasing an additional 43,505 shares during the last quarter. OmniStar Financial Group Inc. increased its position in Fidelity High Yield Factor ETF by 150.4% in the third quarter. OmniStar Financial Group Inc. now owns 43,435 shares of the company’s stock worth $2,145,000 after buying an additional 26,091 shares in the last quarter. Axxcess Wealth Management LLC bought a new position in shares of Fidelity High Yield Factor ETF during the 2nd quarter valued at approximately $1,830,000. Dentgroup LLC increased its holdings in Fidelity High Yield Factor ETF by 18.2% in the 4th quarter. Dentgroup LLC now owns 26,664 shares of the company’s stock worth $1,287,000 after acquiring an additional 4,097 shares in the last quarter. Finally, Great Lakes Retirement Inc. bought a new stake in Fidelity High Yield Factor ETF during the 3rd quarter worth approximately $1,162,000.

Fidelity High Yield Factor ETF Stock Performance

Shares of FDHY traded down $0.13 during mid-day trading on Monday, reaching $48.07. The stock had a trading volume of 438,483 shares, compared to its average volume of 42,098. Fidelity High Yield Factor ETF has a 12 month low of $47.05 and a 12 month high of $49.79. The business has a fifty day moving average of $48.74 and a 200 day moving average of $48.72.

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.