429 Shares in FactSet Research Systems Inc. (NYSE:FDS) Purchased by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

According to the latest filing with the Securities and Exchange Commission (SEC), Bay Colony Advisory Group Inc, doing business as Bay Colony Advisors, has newly acquired a position in FactSet Research Systems Inc. (NYSE: FDS) during the fourth quarter of the year. The filing, which is known as a Form 13F, provides insight into the investment strategies of institutional investors, revealing their holdings as of the end of the reporting period.

The purchase made by Bay Colony Advisors consisted of 429 shares of FactSet Research Systems Inc., which is an American company that delivers data, analytics, and technology solutions to the financial services industry. The stock was bought for a reported value, but the exact monetary figure was not disclosed in the filing.

FactSet Research Systems Inc. is headquartered in Norwalk, Connecticut, and operates as a leading provider of integrated financial information, analytical applications, and industry-leading services to help its clients make informed investment decisions. The company's offerings include desktop analytics, data feeds, and industry-leading services, which are used by investment professionals at more than 15,000 organizations worldwide.

Bay Colony Advisors is an investment management firm based in Boston, Massachusetts, that manages assets for institutional and individual clients. The firm employs a fundamental, research-driven investment approach and seeks to deliver attractive long-term returns to its clients through its various investment strategies, including equity, fixed income, and alternative investments.

The acquisition of the 429 shares of FactSet Research Systems Inc. represents a strategic investment decision made by Bay Colony Advisors, as they believe in the potential growth and value of the business services provider. The exact reasons for this investment, however, are not disclosed in the filing and are known only to the investment firm.

In summary, Bay Colony Advisory Group Inc, doing business as Bay Colony Advisors, has recently purchased a new position in FactSet Research Systems Inc. (NYSE: FDS) during the fourth quarter, acquiring 429 shares of the company's stock, but the exact value of the investment was not disclosed in the SEC filing. FactSet Research Systems Inc. is a leading provider of financial data, analytics, and technology solutions to the financial services industry, while Bay Colony Advisors is an investment management firm that employs a fundamental, research-driven investment approach.