Fidelity Total Bond ETF $FBND Stake Trimmed by Financial & Tax Architects LLC

Financial & Tax Architects LLC cut its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 479,844 shares of the company’s stock after selling 49,111 shares during the period. Fidelity Total Bond ETF comprises approximately 4.4% of Financial & Tax Architects LLC’s investment portfolio, making the stock its 5th biggest position. Financial & Tax Architects LLC’s holdings in Fidelity Total Bond ETF were worth $20,777,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. GHP Investment Advisors Inc. bought a new stake in shares of Fidelity Total Bond ETF during the 1st quarter worth $25,000. Community Financial Services Group LLC acquired a new stake in Fidelity Total Bond ETF in the second quarter valued at about $32,000. Maryland Capital Advisors Inc. bought a new position in Fidelity Total Bond ETF in the second quarter valued at about $37,000. Manning & Napier Advisors LLC bought a new position in Fidelity Total Bond ETF in the first quarter valued at about $53,000. Finally, Sound Income Strategies LLC grew its position in Fidelity Total Bond ETF by 180.6% in the first quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock valued at $60,000 after acquiring an additional 847 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.7%

Shares of NYSEARCA FBND opened at $43.83 on Friday. The company has a market cap of $28.26 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12 month low of $43.11 and a 12 month high of $46.86. The stock has a 50-day moving average price of $44.30 and a two-hundred day moving average price of $45.06.

Fidelity Total Bond ETF Company 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.