Koshinski Asset Management Inc. Has $877,000 Position in Fidelity Limited Term Bond ETF $FLTB

Koshinski Asset Management Inc. lifted its position in shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 19.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 17,400 shares of the company’s stock after purchasing an additional 2,822 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Fidelity Limited Term Bond ETF were worth $877,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ameritas Advisory Services LLC acquired a new position in shares of Fidelity Limited Term Bond ETF during the second quarter worth about $39,000. PNC Financial Services Group Inc. acquired a new position in shares of Fidelity Limited Term Bond ETF during the first quarter worth about $70,000. Compass Ion Advisors LLC acquired a new position in shares of Fidelity Limited Term Bond ETF during the second quarter worth about $201,000. Cambridge Investment Research Advisors Inc. boosted its position in shares of Fidelity Limited Term Bond ETF by 10.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 5,022 shares of the company’s stock worth $252,000 after buying an additional 461 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in shares of Fidelity Limited Term Bond ETF by 1,269.0% during the first quarter. Jones Financial Companies Lllp now owns 6,270 shares of the company’s stock worth $314,000 after buying an additional 5,812 shares during the period. 2.01% of the stock is owned by institutional investors and hedge funds.

Fidelity Limited Term Bond ETF Price Performance

FLTB stock opened at $50.86 on Monday. The stock has a market capitalization of $279.73 million, a P/E ratio of 32.19 and a beta of 0.10. The business has a 50-day moving average of $50.72 and a 200-day moving average of $50.36. Fidelity Limited Term Bond ETF has a fifty-two week low of $49.24 and a fifty-two week high of $51.00.

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.