Certified Advisory Corp Has $952,000 Position in Fidelity Total Bond ETF $FBND

Certified Advisory Corp lowered its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 95.9% during the second quarter, HoldingsChannel.com reports. The fund owned 20,931 shares of the company’s stock after selling 486,726 shares during the period. Certified Advisory Corp’s holdings in Fidelity Total Bond ETF were worth $952,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Cerity Partners LLC lifted its stake in Fidelity Total Bond ETF by 400.5% during the second quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock worth $1,834,000 after purchasing an additional 32,071 shares during the period. Betterment LLC raised its holdings in shares of Fidelity Total Bond ETF by 2.7% in the 2nd quarter. Betterment LLC now owns 97,501 shares of the company’s stock worth $4,461,000 after buying an additional 2,597 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF in the 2nd quarter worth approximately $49,000. Graney & King LLC raised its holdings in shares of Fidelity Total Bond ETF by 7.3% in the 2nd quarter. Graney & King LLC now owns 50,169 shares of the company’s stock worth $2,295,000 after buying an additional 3,402 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Fidelity Total Bond ETF by 40.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock worth $303,000 after buying an additional 1,924 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of FBND stock opened at $44.91 on Thursday. The stock’s fifty day simple moving average is $45.27 and its 200 day simple moving average is $45.68. The firm has a market cap of $27.21 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a one year low of $44.65 and a one year high of $46.86.

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.