Fidelity Total Bond ETF $FBND Shares Sold by Boyum Wealth Architects LLC

Boyum Wealth Architects LLC lessened its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 67.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,235 shares of the company’s stock after selling 19,431 shares during the period. Boyum Wealth Architects LLC’s holdings in Fidelity Total Bond ETF were worth $400,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. GHP Investment Advisors Inc. bought a new position in shares of Fidelity Total Bond ETF during the first quarter worth about $25,000. Community Financial Services Group LLC acquired a new position in Fidelity Total Bond ETF during the 2nd quarter worth approximately $32,000. Maryland Capital Advisors Inc. acquired a new position in Fidelity Total Bond ETF during the 2nd quarter worth approximately $37,000. Manning & Napier Advisors LLC bought a new position in shares of Fidelity Total Bond ETF during the 1st quarter worth approximately $53,000. Finally, Sound Income Strategies LLC grew its stake in shares of Fidelity Total Bond ETF by 180.6% during the 1st quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock worth $60,000 after acquiring an additional 847 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.2%

Shares of FBND stock traded up $0.07 during trading on Tuesday, reaching $43.34. The company’s stock had a trading volume of 2,010,941 shares, compared to its average volume of 3,070,998. The business has a fifty day moving average price of $44.53 and a 200-day moving average price of $45.18. The company has a market cap of $27.94 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a one year low of $43.13 and a one year high of $46.86.

About Fidelity Total Bond ETF

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.