Fidelity Total Bond ETF $FBND Shares Sold by Centerline Wealth Advisors LLC

Centerline Wealth Advisors LLC trimmed its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 14.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 200,540 shares of the company’s stock after selling 34,906 shares during the period. Fidelity Total Bond ETF comprises about 2.9% of Centerline Wealth Advisors LLC’s portfolio, making the stock its 13th biggest position. Centerline Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $9,123,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Capital Wealth Management LLC increased its holdings in shares of Fidelity Total Bond ETF by 9.3% in the 1st quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock valued at $28,536,000 after acquiring an additional 53,398 shares during the last quarter. Valley Wealth Managers Inc. lifted its stake in Fidelity Total Bond ETF by 149.5% during the fourth quarter. Valley Wealth Managers Inc. now owns 62,724 shares of the company’s stock worth $2,888,000 after purchasing an additional 37,588 shares during the last quarter. Barry Investment Advisors LLC lifted its stake in Fidelity Total Bond ETF by 36.7% during the second quarter. Barry Investment Advisors LLC now owns 175,149 shares of the company’s stock worth $7,997,000 after purchasing an additional 47,024 shares during the last quarter. USAdvisors Wealth Management LLC boosted its holdings in Fidelity Total Bond ETF by 5.3% in the fourth quarter. USAdvisors Wealth Management LLC now owns 243,175 shares of the company’s stock valued at $11,195,000 after purchasing an additional 12,241 shares in the last quarter. Finally, Hicks Capital Management LLC boosted its holdings in Fidelity Total Bond ETF by 11.3% in the fourth quarter. Hicks Capital Management LLC now owns 251,938 shares of the company’s stock valued at $11,599,000 after purchasing an additional 25,669 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.1%

Shares of Fidelity Total Bond ETF stock opened at $44.67 on Wednesday. The firm has a market capitalization of $27.06 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 52 week low of $44.59 and a 52 week high of $46.86. The firm’s 50 day moving average is $45.02 and its two-hundred day moving average is $45.50.

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.