Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Sold by Shore Point Advisors LLC

Shore Point Advisors LLC decreased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,276 shares of the company’s stock after selling 1,622 shares during the period. Fidelity Total Bond ETF comprises approximately 1.5% of Shore Point Advisors LLC’s holdings, making the stock its 15th biggest holding. Shore Point Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $2,705,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Fidelity Total Bond ETF during the third quarter worth about $25,000. Northwest Investment Counselors LLC acquired a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $30,000. Highline Wealth Partners LLC acquired a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at approximately $47,000. Darwin Wealth Management LLC purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter worth approximately $54,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $87,000.

Fidelity Total Bond ETF Trading Down 0.0 %

Fidelity Total Bond ETF stock opened at $44.92 on Monday. Fidelity Total Bond ETF has a 52 week low of $44.01 and a 52 week high of $47.30. The stock has a market cap of $8.96 billion, a P/E ratio of 8.85 and a beta of 0.19. The stock has a 50 day moving average of $45.30 and a 200-day moving average of $45.86.

Fidelity Total Bond ETF 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.