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Geode Capital Management LLC Purchases New Stake in Fifth District Savings Bank (NASDAQ:FDSB)

Fifth District Savings Bank logo with Finance background

Geode Capital Management LLC purchased a new position in shares of Fifth District Savings Bank (NASDAQ:FDSB - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 47,442 shares of the company's stock, valued at approximately $492,000. Geode Capital Management LLC owned about 0.85% of Fifth District Savings Bank as of its most recent SEC filing.

Separately, Fourthstone LLC acquired a new position in Fifth District Savings Bank in the third quarter valued at $1,058,000.

Fifth District Savings Bank Price Performance

Shares of FDSB traded down $0.19 during mid-day trading on Friday, hitting $12.38. 20,342 shares of the company's stock were exchanged, compared to its average volume of 8,657. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.05 and a current ratio of 1.05. Fifth District Savings Bank has a fifty-two week low of $9.85 and a fifty-two week high of $13.40. The company has a 50 day simple moving average of $12.42.

Fifth District Savings Bank Company Profile

(Free Report)

Fifth District Bancorp, Inc is the holding company for Fifth District Savings Bank which provide all banking services. Fifth District Bancorp, Inc is based in NEW ORLEANS.

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