Ladenburg Thalmann Financial Services Inc. Purchases 71,645 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Ladenburg Thalmann Financial Services Inc. raised its position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 35.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 271,993 shares of the company’s stock after purchasing an additional 71,645 shares during the quarter. Ladenburg Thalmann Financial Services Inc.’s holdings in Fidelity Low Volatility Factor ETF were worth $10,526,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. boosted its holdings in shares of Fidelity Low Volatility Factor ETF by 9.6% during the third quarter. Sunbelt Securities Inc. now owns 11,095 shares of the company’s stock worth $407,000 after purchasing an additional 969 shares during the period. AE Wealth Management LLC purchased a new position in Fidelity Low Volatility Factor ETF during the 4th quarter valued at about $3,329,000. Steward Partners Investment Advisory LLC increased its holdings in Fidelity Low Volatility Factor ETF by 1,528.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,701 shares of the company’s stock valued at $220,000 after purchasing an additional 5,351 shares during the period. Weaver Consulting Group increased its holdings in Fidelity Low Volatility Factor ETF by 2.0% during the 4th quarter. Weaver Consulting Group now owns 50,649 shares of the company’s stock valued at $1,860,000 after purchasing an additional 985 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its position in Fidelity Low Volatility Factor ETF by 22.7% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 27,847 shares of the company’s stock valued at $1,078,000 after purchasing an additional 5,146 shares during the last quarter.

NYSEARCA FDLO opened at $29.57 on Thursday. Fidelity Low Volatility Factor ETF has a fifty-two week low of $26.22 and a fifty-two week high of $40.91. The stock has a 50 day simple moving average of $36.48 and a two-hundred day simple moving average of $37.51.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Monday, March 23rd were paid a dividend of $0.167 per share. The ex-dividend date of this dividend was Friday, March 20th. This is a boost from Fidelity Low Volatility Factor ETF’s previous quarterly dividend of $0.16. This represents a $0.67 annualized dividend and a dividend yield of 2.26%.

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

Institutional Ownership by Quarter for Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

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