Fidelity Limited Term Bond ETF $FLTB Stock Purchased by Islay Capital Management LLC

Islay Capital Management LLC boosted its stake in shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 38.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 53,665 shares of the company’s stock after acquiring an additional 14,912 shares during the period. Fidelity Limited Term Bond ETF accounts for approximately 1.2% of Islay Capital Management LLC’s portfolio, making the stock its 22nd biggest position. Islay Capital Management LLC’s holdings in Fidelity Limited Term Bond ETF were worth $2,629,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Grey Ledge Advisors LLC boosted its stake in shares of Fidelity Limited Term Bond ETF by 0.7% in the 1st quarter. Grey Ledge Advisors LLC now owns 36,334 shares of the company’s stock valued at $1,827,000 after buying an additional 268 shares during the period. Copper Harbor Investment Advisors LLC grew its position in shares of Fidelity Limited Term Bond ETF by 7.5% during the third quarter. Copper Harbor Investment Advisors LLC now owns 5,251 shares of the company’s stock worth $257,000 after buying an additional 367 shares in the last quarter. Roxbury Financial LLC increased its stake in shares of Fidelity Limited Term Bond ETF by 32.9% during the first 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. Rockefeller Capital Management L.P. increased its stake in shares of Fidelity Limited Term Bond ETF by 50.2% during the fourth 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. Finally, Root Financial Partners LLC purchased a new stake in shares of Fidelity Limited Term Bond ETF during the first quarter worth approximately $68,000. Institutional investors and hedge funds own 2.01% of the company’s stock.

Fidelity Limited Term Bond ETF Trading Down 0.2%

NYSEARCA:FLTB traded down $0.07 during mid-day trading on Tuesday, hitting $49.16. The stock had a trading volume of 63,194 shares, compared to its average volume of 56,454. The stock has a 50-day simple moving average of $49.58 and a two-hundred day simple moving average of $49.98. The company has a market capitalization of $481.82 million, a PE 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.

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.