Allworth Financial LP cut its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Get Rating) by 40.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 42,676 shares of the company’s stock after selling 28,728 shares during the period. Allworth Financial LP owned about 0.07% of Fidelity Total Bond ETF worth $1,921,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of FBND. National Bank of Canada FI purchased a new position in Fidelity Total Bond ETF during the third quarter valued at $45,000. Advisors Asset Management Inc. purchased a new position in Fidelity Total Bond ETF during the third quarter valued at $55,000. Creative Capital Management Investments LLC purchased a new position in Fidelity Total Bond ETF during the fourth quarter valued at $56,000. McElhenny Sheffield Capital Management LLC purchased a new position in Fidelity Total Bond ETF during the fourth quarter valued at $178,000. Finally, Mount Yale Investment Advisors LLC purchased a new position in Fidelity Total Bond ETF during the third quarter valued at $204,000.
Fidelity Total Bond ETF Stock Performance
NYSEARCA FBND opened at $46.06 on Thursday. The company has a market capitalization of $2.98 billion, a PE ratio of 12.64 and a beta of 0.15. The business’s fifty day moving average is $45.85 and its 200 day moving average is $45.35. Fidelity Total Bond ETF has a fifty-two week low of $43.25 and a fifty-two week high of $49.92.
Fidelity Total Bond ETF Profile
The Fidelity Total Bond ETF (FBND) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund is an actively managed broad market bond fund that uses the Barclays US Universal Bond Index to guide its sector allocation and duration exposure. FBND was launched on Oct 6, 2014 and is managed by Fidelity.
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