Raymond James Financial Inc. Acquires Shares of 4,416 Fidelity Limited Term Bond ETF (NYSEARCA:FLTB)

Raymond James Financial Inc. bought a new position in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) during the 4th quarter, HoldingsChannel reports. The fund bought 4,416 shares of the company’s stock, valued at approximately $219,000.

Several other large investors have also made changes to their positions in FLTB. Roxbury Financial LLC bought a new position in Fidelity Limited Term Bond ETF in the 4th quarter valued at $75,000. Southern Capital Advisors LLC acquired a new stake in shares of Fidelity Limited Term Bond ETF in the fourth quarter valued at $215,000. Advisor OS LLC increased its stake in shares of Fidelity Limited Term Bond ETF by 11.3% in the fourth quarter. Advisor OS LLC now owns 7,893 shares of the company’s stock valued at $392,000 after buying an additional 803 shares in the last quarter. Koshinski Asset Management Inc. raised its holdings in shares of Fidelity Limited Term Bond ETF by 12.5% in the fourth quarter. Koshinski Asset Management Inc. now owns 10,079 shares of the company’s stock valued at $500,000 after buying an additional 1,122 shares during the last quarter. Finally, Savant Capital LLC lifted its position in Fidelity Limited Term Bond ETF by 54.0% during the 4th quarter. Savant Capital LLC now owns 10,122 shares of the company’s stock worth $502,000 after buying an additional 3,551 shares in the last quarter.

Fidelity Limited Term Bond ETF Stock Performance

FLTB opened at $49.54 on Friday. Fidelity Limited Term Bond ETF has a 1-year low of $48.51 and a 1-year high of $51.00. The firm has a 50-day moving average price of $49.98 and a two-hundred day moving average price of $49.91.

Fidelity Limited Term Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 28th were issued a $0.16 dividend. The ex-dividend date of this dividend was Friday, March 28th.

Fidelity Limited Term Bond ETF 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.