Raymond James Financial Services Advisors Inc. Reduces Stock Position in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB)

Raymond James Financial Services Advisors Inc. reduced its holdings in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 88.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,269 shares of the company’s stock after selling 50,139 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Fidelity Limited Term Bond ETF were worth $308,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Glass Jacobson Investment Advisors llc lifted its holdings in Fidelity Limited Term Bond ETF by 6.6% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 3,466 shares of the company’s stock valued at $166,000 after buying an additional 216 shares in the last quarter. Savant Capital LLC bought a new stake in Fidelity Limited Term Bond ETF during the 3rd quarter valued at about $241,000. Advisor OS LLC lifted its holdings in Fidelity Limited Term Bond ETF by 15.4% during the 3rd quarter. Advisor OS LLC now owns 5,404 shares of the company’s stock valued at $258,000 after buying an additional 721 shares in the last quarter. Koshinski Asset Management Inc. lifted its holdings in Fidelity Limited Term Bond ETF by 23.3% during the 3rd quarter. Koshinski Asset Management Inc. now owns 6,806 shares of the company’s stock valued at $325,000 after buying an additional 1,284 shares in the last quarter. Finally, WNY Asset Management LLC bought a new stake in Fidelity Limited Term Bond ETF during the 3rd quarter valued at about $380,000.

Fidelity Limited Term Bond ETF Stock Performance

NYSEARCA:FLTB opened at $48.71 on Tuesday. Fidelity Limited Term Bond ETF has a one year low of $47.46 and a one year high of $49.54. The firm has a 50-day simple moving average of $48.94 and a 200-day simple moving average of $48.71.

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.