Sugar Maple Asset Management LLC Takes $577,000 Position in Fidelity Corporate Bond ETF $FCOR
by Teresa Graham · The Cerbat GemSugar Maple Asset Management LLC purchased a new stake in shares of Fidelity Corporate Bond ETF (NYSEARCA:FCOR – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 12,066 shares of the company’s stock, valued at approximately $577,000. Sugar Maple Asset Management LLC owned 0.18% of Fidelity Corporate Bond ETF as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of the stock. OneDigital Investment Advisors LLC increased its position in Fidelity Corporate Bond ETF by 147.6% during the third quarter. OneDigital Investment Advisors LLC now owns 133,936 shares of the company’s stock valued at $6,429,000 after acquiring an additional 79,842 shares during the last quarter. Jaffetilchin Investment Partners LLC lifted its holdings in shares of Fidelity Corporate Bond ETF by 99.6% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 117,716 shares of the company’s stock worth $5,630,000 after acquiring an additional 58,744 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Fidelity Corporate Bond ETF in the 2nd quarter worth about $2,252,000. Citadel Advisors LLC purchased a new position in shares of Fidelity Corporate Bond ETF during the 3rd quarter worth about $1,325,000. Finally, Osaic Holdings Inc. boosted its stake in shares of Fidelity Corporate Bond ETF by 634.2% during the 2nd quarter. Osaic Holdings Inc. now owns 27,592 shares of the company’s stock worth $1,307,000 after purchasing an additional 23,834 shares during the period.
Fidelity Corporate Bond ETF Stock Performance
Shares of NYSEARCA:FCOR opened at $47.30 on Friday. Fidelity Corporate Bond ETF has a 12 month low of $45.00 and a 12 month high of $48.79. The firm’s 50-day moving average is $47.76 and its 200 day moving average is $47.98.
Fidelity Corporate Bond ETF Increases Dividend
The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were paid a dividend of $0.17 per share. This is a positive change from Fidelity Corporate Bond ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Thursday, February 26th.
About Fidelity Corporate Bond ETF
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.