(FLTB) Fidelity Limited Term Bond - Ratings and Ratios

The Fidelity® Limited Term Bond ETF (NYSE ARCA: FLTB) is an exchange-traded fund designed to provide exposure to a diversified portfolio of short-term debt securities. The fund typically invests at least 80% of its assets in a broad range of debt securities, including investment-grade corporate bonds, high-yield corporate bonds, and emerging market debt. It also engages in repurchase agreements to further diversify its portfolio. The funds asset allocation is guided by the Fidelity Limited Term Composite Index, which serves as a benchmark for balancing investment-grade and high-yield debt securities. This approach aims to optimize returns while managing risk in the short-term fixed-income market.

From a technical perspective, FLTB has shown stability with a 20-day average volume of 26,524 shares, indicating moderate liquidity. The fund is currently trading at $50.14, slightly above its 20-day SMA of $49.77 and 50-day SMA of $49.53. The 200-day SMA stands at $48.87, suggesting a steady upward trend over the longer term. The Average True Range (ATR) of 0.20 reflects low volatility, indicating that the funds price movements are relatively stable and predictable.

From a fundamental perspective, FLTB manages approximately $207.55 million in assets under management (AUM), making it a mid-sized ETF in the short-term bond category. This scale allows for efficient portfolio management while maintaining diversification across various debt instruments and markets.