Fidelity Limited Term Bond ETF $FLTB Shares Sold by Glass Jacobson Investment Advisors llc

Glass Jacobson Investment Advisors llc decreased its holdings in shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 44.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,314 shares of the company’s stock after selling 1,061 shares during the period. Glass Jacobson Investment Advisors llc’s holdings in Fidelity Limited Term Bond ETF were worth $66,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Ameritas Advisory Services LLC purchased a new stake in shares of Fidelity Limited Term Bond ETF during the 2nd quarter worth $39,000. PNC Financial Services Group Inc. purchased a new stake in Fidelity Limited Term Bond ETF during the first quarter worth about $70,000. Compass Ion Advisors LLC acquired a new position in Fidelity Limited Term Bond ETF during the second quarter worth about $201,000. Cambridge Investment Research Advisors Inc. grew its position in 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 increased its holdings in Fidelity Limited Term Bond ETF by 1,269.0% in the first quarter. Jones Financial Companies Lllp now owns 6,270 shares of the company’s stock valued at $314,000 after buying an additional 5,812 shares in the last quarter. Hedge funds and other institutional investors own 2.01% of the company’s stock.

Fidelity Limited Term Bond ETF Stock Performance

Shares of FLTB stock opened at $50.92 on Friday. The stock has a market cap of $280.06 million, a PE ratio of 32.23 and a beta of 0.10. Fidelity Limited Term Bond ETF has a 1 year low of $49.24 and a 1 year high of $51.07. The stock has a fifty day moving average price of $50.76 and a 200 day moving average price of $50.39.

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.