Wealth Management Resources Inc. Sells 610 Shares of Fidelity Limited Term Bond ETF (NYSEARCA:FLTB)

Wealth Management Resources Inc. reduced its holdings in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) by 9.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,933 shares of the company’s stock after selling 610 shares during the quarter. Wealth Management Resources Inc. owned about 0.16% of Fidelity Limited Term Bond ETF worth $291,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Lincoln National Corp acquired a new stake in Fidelity Limited Term Bond ETF in the fourth quarter valued at approximately $350,000. WNY Asset Management LLC purchased a new position in shares of Fidelity Limited Term Bond ETF during the third quarter valued at approximately $380,000. Dynamic Advisor Solutions LLC raised its position in Fidelity Limited Term Bond ETF by 22.4% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 7,944 shares of the company’s stock valued at $389,000 after buying an additional 1,453 shares during the last quarter. Apollon Wealth Management LLC raised its position in Fidelity Limited Term Bond ETF by 9.4% in the 4th quarter. Apollon Wealth Management LLC now owns 11,628 shares of the company’s stock valued at $572,000 after buying an additional 1,000 shares during the last quarter. Finally, Islay Capital Management LLC lifted its stake in Fidelity Limited Term Bond ETF by 95.7% during the 4th quarter. Islay Capital Management LLC now owns 23,095 shares of the company’s stock valued at $1,136,000 after acquiring an additional 11,291 shares in the last quarter.

Fidelity Limited Term Bond ETF Stock Performance

Shares of NYSEARCA FLTB traded up $0.15 during trading on Thursday, hitting $49.16. The stock had a trading volume of 6,194 shares, compared to its average volume of 14,176. The firm has a fifty day moving average of $49.01 and a two-hundred day moving average of $49.02. Fidelity Limited Term Bond ETF has a 12 month low of $47.46 and a 12 month high of $49.54.

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.