Sanctuary Advisors LLC Boosts Holdings in Fidelity Limited Term Bond ETF $FLTB

Sanctuary Advisors LLC lifted its stake in shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 331.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,713 shares of the company’s stock after acquiring an additional 55,076 shares during the period. Sanctuary Advisors LLC owned 0.92% of Fidelity Limited Term Bond ETF worth $3,605,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of FLTB. Fifth Third Bancorp acquired a new position in Fidelity Limited Term Bond ETF during the first quarter worth approximately $101,000. Clearwave Capital LLC boosted its holdings in shares of Fidelity Limited Term Bond ETF by 11.6% in the 1st quarter. Clearwave Capital LLC now owns 29,116 shares of the company’s stock valued at $1,464,000 after purchasing an additional 3,032 shares during the last quarter. Koshinski Asset Management Inc. grew its stake in shares of Fidelity Limited Term Bond ETF by 32.8% during the 1st quarter. Koshinski Asset Management Inc. now owns 32,786 shares of the company’s stock valued at $1,648,000 after buying an additional 8,107 shares during the period. Root Financial Partners LLC purchased a new stake in shares of Fidelity Limited Term Bond ETF during the 1st quarter valued at $68,000. Finally, Salus Financial Advisors LLC grew its stake in shares of Fidelity Limited Term Bond ETF by 11.1% during the 1st quarter. Salus Financial Advisors LLC now owns 73,457 shares of the company’s stock valued at $3,693,000 after buying an additional 7,355 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 $50.13 on Monday. The company has a market cap of $416.08 million, a price-to-earnings ratio of 31.73 and a beta of 0.11. The business has a fifty day simple moving average of $50.17 and a 200-day simple moving average of $50.45. Fidelity Limited Term Bond ETF has a 52 week low of $49.95 and a 52 week high of $51.15.

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.