Fidelity Total Bond ETF $FBND Stock Sold by Diversify Advisory Services LLC

Diversify Advisory Services LLC reduced its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 235,506 shares of the company’s stock after selling 17,252 shares during the quarter. Diversify Advisory Services LLC’s holdings in Fidelity Total Bond ETF were worth $10,322,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of FBND. Lakeshore Capital Group Inc. increased its holdings in shares of Fidelity Total Bond ETF by 20.1% in the third quarter. Lakeshore Capital Group Inc. now owns 37,494 shares of the company’s stock worth $1,624,000 after buying an additional 6,285 shares during the period. Prime Capital Investment Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 4.5% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 440,074 shares of the company’s stock valued at $19,055,000 after acquiring an additional 19,106 shares during the last quarter. tru Independence LLC boosted its holdings in Fidelity Total Bond ETF by 4.5% during the 3rd quarter. tru Independence LLC now owns 455,303 shares of the company’s stock valued at $19,715,000 after acquiring an additional 19,576 shares during the period. Investment Research Partners LLC boosted its holdings in Fidelity Total Bond ETF by 36.7% during the 3rd quarter. Investment Research Partners LLC now owns 7,934 shares of the company’s stock valued at $344,000 after acquiring an additional 2,131 shares during the period. Finally, Retirement Planning Group LLC boosted its holdings in Fidelity Total Bond ETF by 5.2% during the 3rd quarter. Retirement Planning Group LLC now owns 3,317,717 shares of the company’s stock valued at $143,657,000 after acquiring an additional 164,392 shares during the period.

Fidelity Total Bond ETF Price Performance

FBND opened at $43.76 on Wednesday. The stock’s 50 day simple moving average is $44.23 and its 200 day simple moving average is $45.02. Fidelity Total Bond ETF has a 1 year low of $43.11 and a 1 year high of $46.86. The firm has a market cap of $28.21 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.