Late to see this, sorry. Lots of fund managers hold shares in FID, just like they would hold other fund managers in their portfolios. Banks hold other banks in their funds.
As for why they would sell from $1, that makes no sense; FID has been a great performer. They may sense regularity risk or other issues, but their exit creates opportunities for others.
FID Price at posting:
$4.17 Sentiment: Buy Disclosure: Held
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