Commonwealth Equity Services LLC Makes New Investment in Fidelity Limited Term Bond ETF $FLTB

Commonwealth Equity Services LLC purchased a new stake in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 360,898 shares of the company’s stock, valued at approximately $17,677,000.

Other large investors have also modified their holdings of the company. Holos Integrated Wealth LLC boosted its holdings in Fidelity Limited Term Bond ETF by 4.6% in the third quarter. Holos Integrated Wealth LLC now owns 207,668 shares of the company’s stock valued at $10,226,000 after purchasing an additional 9,087 shares during the last quarter. Norris Perne & French LLP MI bought a new position in Fidelity Limited Term Bond ETF in the third quarter worth about $930,000. BG Investment Services LLC increased its position in Fidelity Limited Term Bond ETF by 33.1% in the third quarter. BG Investment Services LLC now owns 14,336 shares of the company’s stock worth $702,000 after buying an additional 3,567 shares during the period. Islay Capital Management LLC grew its position in Fidelity Limited Term Bond ETF by 38.5% in the 3rd quarter. Islay Capital Management LLC now owns 53,665 shares of the company’s stock worth $2,629,000 after purchasing an additional 14,912 shares during the last quarter. Finally, Copper Harbor Investment Advisors LLC increased its position in Fidelity Limited Term Bond ETF by 7.5% in the 3rd quarter. Copper Harbor Investment Advisors LLC now owns 5,251 shares of the company’s stock valued at $257,000 after acquiring an additional 367 shares during the period. Institutional investors and hedge funds own 2.01% of the company’s stock.

Fidelity Limited Term Bond ETF Price Performance

Fidelity Limited Term Bond ETF stock opened at $49.33 on Wednesday. Fidelity Limited Term Bond ETF has a 12-month low of $48.89 and a 12-month high of $51.15. The stock has a market capitalization of $493.30 million, a PE ratio of 31.22 and a beta of 0.11. The firm has a 50 day simple moving average of $49.36 and a 200-day simple moving average of $50.09.

About Fidelity Limited Term Bond ETF

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.