Fmr LLC Grows Stake in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC)

Fmr LLC boosted its position in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) by 186.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 71,194,035 shares of the company’s stock after buying an additional 46,379,503 shares during the quarter. Fmr LLC owned approximately 94,925.38% of Fidelity Investment Grade Securitized ETF worth $3,025,853,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, MML Investors Services LLC purchased a new stake in Fidelity Investment Grade Securitized ETF during the 3rd quarter worth about $1,312,000.

Fidelity Investment Grade Securitized ETF Stock Performance

Shares of NYSEARCA FSEC opened at $44.36 on Friday. The business has a 50-day simple moving average of $43.18 and a two-hundred day simple moving average of $43.14. Fidelity Investment Grade Securitized ETF has a 52 week low of $40.39 and a 52 week high of $44.79.

Fidelity Investment Grade Securitized ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 28th were given a $0.126 dividend. The ex-dividend date was Friday, March 28th.

Fidelity Investment Grade Securitized ETF Profile

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.