Brookwood Investment Group LLC Trims Stake in Fidelity Total Bond ETF $FBND

Brookwood Investment Group LLC lowered its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.7% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,239 shares of the company’s stock after selling 1,401 shares during the quarter. Brookwood Investment Group LLC’s holdings in Fidelity Total Bond ETF were worth $1,063,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FBND. Tsfg LLC purchased a new stake in Fidelity Total Bond ETF in the 1st quarter valued at approximately $29,000. Sunbelt Securities Inc. lifted its stake in Fidelity Total Bond ETF by 11.6% in the 1st quarter. Sunbelt Securities Inc. now owns 16,097 shares of the company’s stock valued at $735,000 after buying an additional 1,675 shares in the last quarter. Golden State Wealth Management LLC lifted its stake in Fidelity Total Bond ETF by 10,456.2% in the 1st quarter. Golden State Wealth Management LLC now owns 48,242 shares of the company’s stock valued at $2,202,000 after buying an additional 47,785 shares in the last quarter. Legacy Wealth Management Inc lifted its stake in Fidelity Total Bond ETF by 0.5% in the 1st quarter. Legacy Wealth Management Inc now owns 3,096,566 shares of the company’s stock valued at $141,358,000 after buying an additional 15,679 shares in the last quarter. Finally, RCS Financial Planning LLC lifted its stake in Fidelity Total Bond ETF by 12.1% in the 1st quarter. RCS Financial Planning LLC now owns 319,207 shares of the company’s stock valued at $14,630,000 after buying an additional 34,464 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

FBND stock opened at $46.76 on Monday. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $46.85. The stock’s 50 day moving average price is $46.32 and its 200 day moving average price is $45.71. The firm has a market cap of $21.87 billion, a P/E ratio of 8.94 and a beta of 0.17.

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.