Millington Financial Advisors LLC Trims Stock Holdings in Fidelity Corporate Bond ETF (NYSEARCA:FCOR)

Millington Financial Advisors LLC lowered its stake in shares of Fidelity Corporate Bond ETF (NYSEARCA:FCOR) by 14.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,987 shares of the company’s stock after selling 4,708 shares during the period. Fidelity Corporate Bond ETF accounts for approximately 1.1% of Millington Financial Advisors LLC’s portfolio, making the stock its 29th biggest holding. Millington Financial Advisors LLC owned 0.78% of Fidelity Corporate Bond ETF worth $1,363,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FCOR. J.W. Cole Advisors Inc. increased its stake in Fidelity Corporate Bond ETF by 9.9% in the third quarter. J.W. Cole Advisors Inc. now owns 6,048 shares of the company’s stock valued at $264,000 after purchasing an additional 545 shares during the last quarter. McGlone Suttner Wealth Management Inc. increased its holdings in shares of Fidelity Corporate Bond ETF by 10.5% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 6,090 shares of the company’s stock worth $266,000 after buying an additional 577 shares during the last quarter. Norris Perne & French LLP MI raised its position in shares of Fidelity Corporate Bond ETF by 27.7% in the 4th quarter. Norris Perne & French LLP MI now owns 7,118 shares of the company’s stock worth $335,000 after buying an additional 1,544 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in Fidelity Corporate Bond ETF by 3.4% in the third quarter. Atria Wealth Solutions Inc. now owns 8,300 shares of the company’s stock valued at $363,000 after acquiring an additional 270 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in Fidelity Corporate Bond ETF by 59.5% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 12,526 shares of the company’s stock valued at $547,000 after acquiring an additional 4,672 shares during the period.

Fidelity Corporate Bond ETF Stock Performance

NYSEARCA:FCOR traded up $0.08 on Tuesday, hitting $45.47. 16,574 shares of the stock were exchanged, compared to its average volume of 31,129. Fidelity Corporate Bond ETF has a fifty-two week low of $42.57 and a fifty-two week high of $47.28. The stock has a fifty day moving average of $46.10 and a 200-day moving average of $45.61.

Fidelity Corporate Bond ETF Company 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.