Fidelity Limited Term Bond ETF $FLTB Shares Acquired by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. raised its holdings in shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 60.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 116,404 shares of the company’s stock after purchasing an additional 43,997 shares during the quarter. Vestmark Advisory Solutions Inc. owned 2.45% of Fidelity Limited Term Bond ETF worth $5,867,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its stake in shares of Fidelity Limited Term Bond ETF by 3.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 327,438 shares of the company’s stock valued at $16,401,000 after buying an additional 11,834 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Fidelity Limited Term Bond ETF by 13.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 229,834 shares of the company’s stock valued at $11,584,000 after acquiring an additional 26,702 shares during the last quarter. Assetmark Inc. acquired a new stake in shares of Fidelity Limited Term Bond ETF during the 1st quarter valued at approximately $3,201,000. Salus Financial Advisors LLC raised its position in shares of Fidelity Limited Term Bond ETF by 7.9% during the 2nd quarter. Salus Financial Advisors LLC now owns 60,058 shares of the company’s stock valued at $3,027,000 after acquiring an additional 4,375 shares in the last quarter. Finally, Algorithmic Investment Models LLC bought a new position in Fidelity Limited Term Bond ETF during the first quarter worth $2,396,000. 2.01% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity Limited Term Bond ETF Stock Performance

Shares of NYSEARCA:FLTB opened at $50.65 on Friday. The stock has a market capitalization of $278.58 million, a price-to-earnings ratio of 32.06 and a beta of 0.10. Fidelity Limited Term Bond ETF has a 1-year low of $49.41 and a 1-year high of $51.07. The company’s fifty day moving average is $50.78 and its two-hundred day moving average is $50.45.

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.