IFP Advisors Inc Increases Stock Position in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB)

IFP Advisors Inc raised its holdings in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 60.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,242 shares of the company’s stock after purchasing an additional 4,593 shares during the period. IFP Advisors Inc owned 0.41% of Fidelity Limited Term Bond ETF worth $608,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Fidelity Limited Term Bond ETF in the third quarter valued at about $384,000. JPMorgan Chase & Co. lifted its stake in shares of Fidelity Limited Term Bond ETF by 13.6% during the third quarter. JPMorgan Chase & Co. now owns 13,278 shares of the company’s stock valued at $669,000 after buying an additional 1,591 shares during the period. Savant Capital LLC lifted its stake in shares of Fidelity Limited Term Bond ETF by 54.0% during the fourth quarter. Savant Capital LLC now owns 10,122 shares of the company’s stock valued at $502,000 after buying an additional 3,551 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of Fidelity Limited Term Bond ETF by 27.5% during the third quarter. Thrivent Financial for Lutherans now owns 12,103 shares of the company’s stock valued at $612,000 after buying an additional 2,608 shares during the period. Finally, GSB Wealth Management LLC lifted its stake in shares of Fidelity Limited Term Bond ETF by 4.9% during the fourth quarter. GSB Wealth Management LLC now owns 34,817 shares of the company’s stock valued at $1,728,000 after buying an additional 1,623 shares during the period.

Fidelity Limited Term Bond ETF Price Performance

Shares of FLTB opened at $50.12 on Friday. The company’s 50 day simple moving average is $49.79 and its 200 day simple moving average is $49.96. Fidelity Limited Term Bond ETF has a 1 year low of $48.51 and a 1 year high of $51.00.

Fidelity Limited Term Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 3rd. Investors of record on Thursday, February 27th will be paid a dividend of $0.16 per share. The ex-dividend date is Thursday, February 27th.

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.