JPMorgan Chase & Co. Boosts Stake in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB)

JPMorgan Chase & Co. raised its position in shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 13.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,278 shares of the company’s stock after buying an additional 1,591 shares during the quarter. JPMorgan Chase & Co. owned about 0.45% of Fidelity Limited Term Bond ETF worth $669,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in FLTB. Compass Ion Advisors LLC bought a new position in shares of Fidelity Limited Term Bond ETF during the 3rd quarter valued at approximately $200,000. Sugar Maple Asset Management LLC purchased a new stake in Fidelity Limited Term Bond ETF during the third quarter valued at $352,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Fidelity Limited Term Bond ETF during the third quarter valued at $384,000. Koshinski Asset Management Inc. raised its stake in Fidelity Limited Term Bond ETF by 10.2% during the third quarter. Koshinski Asset Management Inc. now owns 8,957 shares of the company’s stock valued at $451,000 after purchasing an additional 832 shares in the last quarter. Finally, Norris Perne & French LLP MI raised its stake in Fidelity Limited Term Bond ETF by 8.7% during the third quarter. Norris Perne & French LLP MI now owns 11,142 shares of the company’s stock valued at $561,000 after purchasing an additional 893 shares in the last quarter.

Fidelity Limited Term Bond ETF Stock Up 0.2 %

Fidelity Limited Term Bond ETF stock opened at $49.96 on Tuesday. The firm’s fifty day moving average is $49.77 and its 200 day moving average is $49.92. Fidelity Limited Term Bond ETF has a 52-week low of $48.51 and a 52-week high of $51.00.

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.