Fidelity Limited Term Bond ETF $FLTB Stock Position Cut by Kestra Advisory Services LLC

Kestra Advisory Services LLC reduced its stake in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 27.2% in the first quarter, HoldingsChannel reports. The fund owned 82,419 shares of the company’s stock after selling 30,801 shares during the quarter. Kestra Advisory Services LLC’s holdings in Fidelity Limited Term Bond ETF were worth $4,143,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in FLTB. Holos Integrated Wealth LLC bought a new stake in Fidelity Limited Term Bond ETF during the fourth quarter worth approximately $8,270,000. Royal Bank of Canada boosted its stake in Fidelity Limited Term Bond ETF by 3,016.1% during the 4th quarter. Royal Bank of Canada now owns 110,215 shares of the company’s stock valued at $5,583,000 after purchasing an additional 106,678 shares in the last quarter. LPL Financial LLC increased its position in shares of Fidelity Limited Term Bond ETF by 18.7% during the 4th quarter. LPL Financial LLC now owns 288,480 shares of the company’s stock valued at $14,614,000 after purchasing an additional 45,427 shares during the period. Jane Street Group LLC acquired a new position in shares of Fidelity Limited Term Bond ETF during the 4th quarter valued at $1,392,000. Finally, Clearwave Capital LLC bought a new stake in shares of Fidelity Limited Term Bond ETF in the 4th quarter worth $1,321,000. 2.01% of the stock is currently owned by institutional investors.

Fidelity Limited Term Bond ETF Stock Down 0.1%

Shares of Fidelity Limited Term Bond ETF stock opened at $50.10 on Friday. The firm has a market cap of $415.83 million, a price-to-earnings ratio of 31.71 and a beta of 0.11. The business has a fifty day simple moving average of $50.18 and a 200-day simple moving average of $50.45. Fidelity Limited Term Bond ETF has a fifty-two week low of $49.95 and a fifty-two week high of $51.15.

Fidelity Limited Term Bond ETF Company 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.