Centurion Wealth Management LLC Invests $1.02 Million in Fidelity Limited Term Bond ETF $FLTB

Centurion Wealth Management LLC acquired a new stake in shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) during the 3rd quarter, Holdings Channel reports. The fund acquired 20,098 shares of the company’s stock, valued at approximately $1,018,000.

A number of other hedge funds have also recently bought and sold shares of the company. Ameritas Advisory Services LLC purchased a new stake in shares of Fidelity Limited Term Bond ETF in the second quarter valued at $39,000. Compass Ion Advisors LLC purchased a new position in Fidelity Limited Term Bond ETF in the second quarter valued at approximately $201,000. Jones Financial Companies Lllp increased its holdings in Fidelity Limited Term Bond ETF by 1,269.0% in the 1st quarter. Jones Financial Companies Lllp now owns 6,270 shares of the company’s stock valued at $314,000 after purchasing an additional 5,812 shares in the last quarter. United Advisor Group LLC lifted its position in Fidelity Limited Term Bond ETF by 8.9% during the 2nd quarter. United Advisor Group LLC now owns 7,493 shares of the company’s stock worth $379,000 after acquiring an additional 613 shares in the last quarter. Finally, Silverlake Wealth Management LLC acquired a new position in Fidelity Limited Term Bond ETF during the 2nd quarter worth approximately $486,000. Institutional investors and hedge funds own 2.01% of the company’s stock.

Fidelity Limited Term Bond ETF Stock Down 0.1%

Shares of NYSEARCA:FLTB opened at $50.78 on Friday. The company has a market capitalization of $279.29 million, a price-to-earnings ratio of 32.14 and a beta of 0.10. The company has a 50 day moving average of $50.76 and a two-hundred day moving average of $50.59. Fidelity Limited Term Bond ETF has a 52-week low of $49.41 and a 52-week high of $51.07.

Fidelity Limited Term Bond ETF Profile

The Fidelity Limited Term Bond ETF (FLTB) is an exchange-traded fund that is based on the Fidelity Limited Term Composite index. The fund is an actively managed, broad-based bond fund with a primary focus on investment-grade credits and a targeted average maturity between two and five years. FLTB was launched on Oct 6, 2014 and is managed by Fidelity.