Envestnet Asset Management Inc. Acquires 31,349 Shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB)

Envestnet Asset Management Inc. boosted its holdings in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 18.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 203,132 shares of the company’s stock after buying an additional 31,349 shares during the period. Envestnet Asset Management Inc. owned approximately 4.51% of Fidelity Limited Term Bond ETF worth $10,175,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC increased its position in Fidelity Limited Term Bond ETF by 222.5% in the 4th quarter. LPL Financial LLC now owns 105,205 shares of the company’s stock worth $5,221,000 after buying an additional 72,579 shares during the period. Regal Investment Advisors LLC increased its position in Fidelity Limited Term Bond ETF by 2.7% in the 4th quarter. Regal Investment Advisors LLC now owns 77,098 shares of the company’s stock worth $3,826,000 after buying an additional 2,056 shares during the period. Salus Financial Advisors LLC increased its position in Fidelity Limited Term Bond ETF by 10.9% in the 1st quarter. Salus Financial Advisors LLC now owns 55,683 shares of the company’s stock worth $2,789,000 after buying an additional 5,464 shares during the period. Citadel Advisors LLC bought a new position in Fidelity Limited Term Bond ETF in the 4th quarter worth approximately $2,010,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in Fidelity Limited Term Bond ETF by 425.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 40,034 shares of the company’s stock worth $1,987,000 after buying an additional 32,409 shares during the period. 2.01% of the stock is owned by institutional investors.

Fidelity Limited Term Bond ETF Stock Up 0.1%

Shares of NYSEARCA FLTB opened at $50.35 on Monday. Fidelity Limited Term Bond ETF has a 12 month low of $49.24 and a 12 month high of $51.00. The company has a market cap of $239.16 million, a P/E ratio of 31.87 and a beta of 0.10. The business’s 50 day moving average is $50.20 and its two-hundred day moving average is $50.03.

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.