Fidelity Total Bond ETF $FBND Holdings Lessened by Clearview Wealth Management LLC

Clearview Wealth Management LLC lowered its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 34.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,642 shares of the company’s stock after selling 42,373 shares during the quarter. Fidelity Total Bond ETF comprises approximately 2.7% of Clearview Wealth Management LLC’s investment portfolio, making the stock its 9th biggest position. Clearview Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $3,510,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Riverbend Wealth Management LLC raised its stake in Fidelity Total Bond ETF by 71.7% in the third quarter. Riverbend Wealth Management LLC now owns 83,868 shares of the company’s stock valued at $3,631,000 after purchasing an additional 35,016 shares in the last quarter. Andrews Advisory Associates LLC lifted its position in Fidelity Total Bond ETF by 6.6% during the third quarter. Andrews Advisory Associates LLC now owns 593,175 shares of the company’s stock worth $25,684,000 after purchasing an additional 36,693 shares during the period. TrustWell Financial Advisors LLC lifted its position in Fidelity Total Bond ETF by 10.2% during the third quarter. TrustWell Financial Advisors LLC now owns 330,371 shares of the company’s stock worth $14,305,000 after purchasing an additional 30,502 shares during the period. Centerline Wealth Advisors LLC grew its stake in Fidelity Total Bond ETF by 30.0% during the third quarter. Centerline Wealth Advisors LLC now owns 260,669 shares of the company’s stock worth $11,287,000 after buying an additional 60,129 shares in the last quarter. Finally, Fortitude Advisory Group L.L.C. grew its stake in Fidelity Total Bond ETF by 7.0% during the third quarter. Fortitude Advisory Group L.L.C. now owns 14,312 shares of the company’s stock worth $620,000 after buying an additional 935 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.7%

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 firm has a market cap of $28.26 billion, a P/E ratio of 8.94 and a beta of 0.28. The company’s 50-day moving average price is $44.30 and its two-hundred day moving average price is $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.