Capital Analysts LLC Cuts Stock Position in Fidelity Total Bond ETF $FBND

Capital Analysts LLC cut its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 18.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,260,562 shares of the company’s stock after selling 525,088 shares during the quarter. Fidelity Total Bond ETF comprises 3.2% of Capital Analysts LLC’s holdings, making the stock its 4th biggest position. Capital Analysts LLC owned approximately 0.43% of Fidelity Total Bond ETF worth $104,077,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Dupree Financial Group LLC raised its position in shares of Fidelity Total Bond ETF by 1.6% during the 4th quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock worth $651,000 after buying an additional 219 shares in the last quarter. Quadrant Capital Group LLC raised its position in shares of Fidelity Total Bond ETF by 0.6% during the 3rd quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock worth $1,758,000 after buying an additional 220 shares in the last quarter. RWA Wealth Partners LLC raised its position in shares of Fidelity Total Bond ETF by 2.6% during the 3rd quarter. RWA Wealth Partners LLC now owns 9,628 shares of the company’s stock worth $445,000 after buying an additional 241 shares in the last quarter. Capital CS Group LLC raised its position in shares of Fidelity Total Bond ETF by 4.8% during the 3rd quarter. Capital CS Group LLC now owns 6,224 shares of the company’s stock worth $288,000 after buying an additional 286 shares in the last quarter. Finally, Investment Advisory Group LLC raised its position in shares of Fidelity Total Bond ETF by 0.4% during the 4th quarter. Investment Advisory Group LLC now owns 71,185 shares of the company’s stock worth $3,277,000 after buying an additional 303 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.2%

FBND stock opened at $45.37 on Wednesday. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86. The company has a market capitalization of $25.42 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The firm’s 50-day moving average is $45.62 and its two-hundred day moving average is $46.00.

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.