Ladenburg Thalmann Financial Services Inc. Has $398,000 Stake in Fidelity Quality Factor ETF (FQAL)

Ladenburg Thalmann Financial Services Inc. grew its stake in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 83.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 12,505 shares of the company’s stock after buying an additional 5,702 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in Fidelity Quality Factor ETF were worth $398,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Harwood Advisory Group LLC purchased a new position in shares of Fidelity Quality Factor ETF during the 4th quarter valued at about $280,000.

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FQAL stock opened at $31.06 on Monday. Fidelity Quality Factor ETF has a twelve month low of $27.50 and a twelve month high of $34.02.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 21st. Stockholders of record on Monday, March 19th were given a dividend of $0.129 per share. This is a boost from Fidelity Quality Factor ETF’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend was Friday, March 16th.

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Want to see what other hedge funds are holding FQAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Quality Factor ETF (NYSEARCA:FQAL).

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