Royal Bank of Canada raised its stake in shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB – Free Report) by 13.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 124,656 shares of the company’s stock after buying an additional 14,441 shares during the period. Royal Bank of Canada owned about 1.60% of Fidelity Limited Term Bond ETF worth $6,266,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the stock. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Fidelity Limited Term Bond ETF during the fourth quarter worth $40,000. Root Financial Partners LLC purchased a new position in Fidelity Limited Term Bond ETF in the first quarter valued at about $68,000. Rockefeller Capital Management L.P. grew its stake in Fidelity Limited Term Bond ETF by 50.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,571 shares of the company’s stock valued at $80,000 after purchasing an additional 525 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in Fidelity Limited Term Bond ETF in the fourth quarter valued at about $89,000. Finally, Comerica Bank acquired a new position in Fidelity Limited Term Bond ETF in the 4th quarter worth about $101,000. 2.01% of the stock is currently owned by hedge funds and other institutional investors.
Fidelity Limited Term Bond ETF Price Performance
FLTB opened at $49.93 on Wednesday. Fidelity Limited Term Bond ETF has a fifty-two week low of $49.42 and a fifty-two week high of $51.15. The business has a 50-day moving average of $50.10 and a 200-day moving average of $50.36. The company has a market capitalization of $414.42 million, a PE ratio of 31.60 and a beta of 0.11.
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.
Featured Articles
- Five stocks we like better than Fidelity Limited Term Bond ETF
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Receive News & Ratings for Fidelity Limited Term Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Limited Term Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
