LPL Financial LLC Boosts Stock Position in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB)

LPL Financial LLC increased its holdings in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB – Get Rating) by 2.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 40,955 shares of the company’s stock after buying an additional 1,132 shares during the period. LPL Financial LLC owned 0.68% of Fidelity Limited Term Bond ETF worth $1,965,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in FLTB. Envestnet Asset Management Inc. lifted its holdings in Fidelity Limited Term Bond ETF by 24.9% in the third quarter. Envestnet Asset Management Inc. now owns 601,426 shares of the company’s stock worth $28,625,000 after buying an additional 119,957 shares during the period. Jane Street Group LLC raised its position in shares of Fidelity Limited Term Bond ETF by 166.9% during the 1st quarter. Jane Street Group LLC now owns 225,338 shares of the company’s stock valued at $11,215,000 after buying an additional 140,911 shares in the last quarter. UBS Group AG grew its stake in Fidelity Limited Term Bond ETF by 16.6% in the 3rd quarter. UBS Group AG now owns 200,639 shares of the company’s stock worth $9,549,000 after acquiring an additional 28,617 shares in the last quarter. Beacon Pointe Advisors LLC purchased a new stake in shares of Fidelity Limited Term Bond ETF in the 1st quarter worth approximately $4,631,000. Finally, Absolute Capital Management LLC purchased a new stake in shares of Fidelity Limited Term Bond ETF in the 4th quarter worth approximately $3,037,000.

Fidelity Limited Term Bond ETF Price Performance

NYSEARCA:FLTB opened at $48.43 on Tuesday. The firm has a 50 day moving average of $48.58 and a 200 day moving average of $48.29. Fidelity Limited Term Bond ETF has a 52 week low of $46.88 and a 52 week high of $49.40.

About Fidelity Limited Term Bond ETF

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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.