Clearview Wealth Management LLC Sells 42,373 Shares of Fidelity Total Bond ETF $FBND

Clearview Wealth Management LLC reduced its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 34.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 80,642 shares of the company’s stock after selling 42,373 shares during the quarter. Fidelity Total Bond ETF accounts for about 2.7% of Clearview Wealth Management LLC’s holdings, making the stock its 9th biggest holding. Clearview Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $3,510,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Signature Equity Partners LLC grew its holdings in shares of Fidelity Total Bond ETF by 5.4% during the 1st quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock valued at $216,000 after purchasing an additional 244 shares during the last quarter. Insight Advisors LLC PA increased its holdings in shares of Fidelity Total Bond ETF by 1.6% during the first quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock worth $821,000 after buying an additional 291 shares in the last quarter. Archer Investment Corp lifted its stake in shares of Fidelity Total Bond ETF by 17.2% in the 1st quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock valued at $101,000 after acquiring an additional 325 shares during the last quarter. Breakwater Capital Group lifted its stake in shares of Fidelity Total Bond ETF by 3.4% in the 2nd quarter. Breakwater Capital Group now owns 9,876 shares of the company’s stock valued at $449,000 after acquiring an additional 327 shares during the last quarter. Finally, CGN Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 1.9% in the 2nd quarter. CGN Advisors LLC now owns 18,717 shares of the company’s stock valued at $851,000 after acquiring an additional 342 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.7%

Shares of FBND stock opened at $43.83 on Friday. Fidelity Total Bond ETF has a 12 month low of $43.11 and a 12 month high of $46.86. The business’s 50-day moving average price is $44.30 and its 200-day moving average price is $45.06. The firm has a market capitalization of $28.26 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

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.