Mercer Global Advisors Inc. ADV Sells 941 Shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB)

Mercer Global Advisors Inc. ADV lessened its position in shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 6.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,542 shares of the company’s stock after selling 941 shares during the quarter. Mercer Global Advisors Inc. ADV owned about 0.49% of Fidelity Limited Term Bond ETF worth $722,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of FLTB. Wells Fargo & Company MN bought a new position in shares of Fidelity Limited Term Bond ETF during the 4th quarter worth approximately $25,000. Roxbury Financial LLC acquired a new position in Fidelity Limited Term Bond ETF during the 4th quarter valued at approximately $75,000. WealthTrak Capital Management LLC acquired a new position in Fidelity Limited Term Bond ETF during the 4th quarter valued at approximately $125,000. Southern Capital Advisors LLC acquired a new position in Fidelity Limited Term Bond ETF during the 4th quarter valued at approximately $215,000. Finally, Raymond James Financial Inc. acquired a new position in Fidelity Limited Term Bond ETF during the 4th quarter valued at approximately $219,000.

Fidelity Limited Term Bond ETF Stock Performance

Shares of Fidelity Limited Term Bond ETF stock opened at $50.03 on Monday. Fidelity Limited Term Bond ETF has a 12-month low of $48.63 and a 12-month high of $51.00. The firm’s 50 day simple moving average is $50.02 and its two-hundred day simple moving average is $49.89.

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.