Islay Capital Management LLC Acquires 14,912 Shares of Fidelity Limited Term Bond ETF $FLTB

Islay Capital Management LLC lifted its holdings in shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 38.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,665 shares of the company’s stock after purchasing an additional 14,912 shares during the quarter. Fidelity Limited Term Bond ETF comprises about 1.2% of Islay Capital Management LLC’s holdings, making the stock its 22nd biggest holding. Islay Capital Management LLC owned about 0.55% of Fidelity Limited Term Bond ETF worth $2,629,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Root Financial Partners LLC purchased a new position in shares of Fidelity Limited Term Bond ETF in the first quarter valued at approximately $68,000. Integrated Wealth Concepts LLC acquired a new position in shares of Fidelity Limited Term Bond ETF in the second quarter valued at approximately $74,000. Rockefeller Capital Management L.P. increased its stake in Fidelity Limited Term Bond ETF by 50.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,571 shares of the company’s stock worth $80,000 after buying an additional 525 shares during the period. Fifth Third Bancorp purchased a new stake in Fidelity Limited Term Bond ETF during the 1st quarter worth approximately $101,000. Finally, Roxbury Financial LLC increased its stake in Fidelity Limited Term Bond ETF by 32.9% during the 1st quarter. Roxbury Financial LLC now owns 2,096 shares of the company’s stock worth $105,000 after buying an additional 519 shares during the period. Institutional investors and hedge funds own 2.01% of the company’s stock.

Fidelity Limited Term Bond ETF Stock Down 0.2%

Fidelity Limited Term Bond ETF stock traded down $0.07 during mid-day trading on Tuesday, reaching $49.16. 63,194 shares of the company’s stock were exchanged, compared to its average volume of 56,454. The company has a market cap of $481.82 million, a P/E ratio of 31.12 and a beta of 0.11. Fidelity Limited Term Bond ETF has a twelve month low of $48.89 and a twelve month high of $51.15. The company has a fifty day moving average of $49.58 and a 200-day moving average of $49.98.

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.