PNC Financial Services Group Inc. Acquires 3,922 Shares of Fidelity Corporate Bond ETF (NYSEARCA:FCOR)

PNC Financial Services Group Inc. lifted its holdings in Fidelity Corporate Bond ETF (NYSEARCA:FCOR) by 71.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 9,439 shares of the company’s stock after purchasing an additional 3,922 shares during the period. PNC Financial Services Group Inc.’s holdings in Fidelity Corporate Bond ETF were worth $438,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. FMR LLC boosted its position in Fidelity Corporate Bond ETF by 150.9% during the third quarter. FMR LLC now owns 567 shares of the company’s stock valued at $27,000 after purchasing an additional 341 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Fidelity Corporate Bond ETF by 266.5% during the fourth quarter. Jones Financial Companies Lllp now owns 733 shares of the company’s stock valued at $34,000 after buying an additional 533 shares during the last quarter. Spire Wealth Management bought a new stake in shares of Fidelity Corporate Bond ETF in the 4th quarter valued at about $43,000. Noble Wealth Management PBC purchased a new position in shares of Fidelity Corporate Bond ETF in the 4th quarter worth approximately $160,000. Finally, McGlone Suttner Wealth Management Inc. purchased a new position in shares of Fidelity Corporate Bond ETF in the 4th quarter worth approximately $212,000.

Fidelity Corporate Bond ETF Price Performance

NYSEARCA:FCOR opened at $47.14 on Friday. Fidelity Corporate Bond ETF has a 52 week low of $44.98 and a 52 week high of $49.09. The firm has a 50 day moving average of $46.67 and a 200 day moving average of $47.13.

Fidelity Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 3rd. Stockholders of record on Thursday, February 27th were issued a dividend of $0.166 per share. The ex-dividend date of this dividend was Thursday, February 27th.

Fidelity Corporate Bond ETF 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.