Resolute Capital LLC Buys New Shares in Fidelity Limited Term Bond ETF $FLTB

Resolute Capital LLC acquired a new stake in shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,069 shares of the company’s stock, valued at approximately $561,000. Resolute Capital LLC owned about 0.16% of Fidelity Limited Term Bond ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Lakeridge Wealth Management LLC grew its stake in shares of Fidelity Limited Term Bond ETF by 2.0% during the fourth quarter. Lakeridge Wealth Management LLC now owns 18,915 shares of the company’s stock valued at $958,000 after buying an additional 375 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Fidelity Limited Term Bond ETF by 4.6% during the second quarter. Raymond James Financial Inc. now owns 9,905 shares of the company’s stock valued at $499,000 after buying an additional 438 shares during the last quarter. Advisor OS LLC grew its stake in shares of Fidelity Limited Term Bond ETF by 4.1% during the fourth quarter. Advisor OS LLC now owns 17,134 shares of the company’s stock valued at $868,000 after buying an additional 674 shares during the last quarter. Spire Wealth Management bought a new position in shares of Fidelity Limited Term Bond ETF during the fourth quarter valued at about $35,000. Finally, Investment Research & Advisory Group Inc. bought a new position in shares of Fidelity Limited Term Bond ETF during the fourth quarter valued at about $41,000. 2.01% of the stock is owned by institutional investors.

Fidelity Limited Term Bond ETF Stock Performance

Shares of NYSEARCA:FLTB opened at $50.26 on Monday. The stock’s 50-day moving average price is $50.32 and its 200-day moving average price is $50.60. Fidelity Limited Term Bond ETF has a 12-month low of $49.79 and a 12-month high of $51.15. The stock has a market capitalization of $392.03 million, a P/E ratio of 31.81 and a beta of 0.11.

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.