Fidelity Total Bond ETF $FBND Shares Sold by EdgeRock Capital LLC

EdgeRock Capital LLC decreased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 354,096 shares of the company’s stock after selling 43,860 shares during the period. Fidelity Total Bond ETF comprises 4.4% of EdgeRock Capital LLC’s portfolio, making the stock its 5th largest holding. EdgeRock Capital LLC’s holdings in Fidelity Total Bond ETF were worth $16,147,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Dupree Financial Group LLC raised its holdings in Fidelity Total Bond ETF by 1.6% during the fourth quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock worth $651,000 after purchasing an additional 219 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in Fidelity Total Bond ETF by 0.6% in the 3rd quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock valued at $1,758,000 after purchasing an additional 220 shares in the last quarter. RWA Wealth Partners LLC increased its position in 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 purchasing an additional 241 shares during the period. Investment Advisory Group LLC increased its position in 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 purchasing an additional 303 shares during the period. Finally, Keystone Financial Group increased its position in Fidelity Total Bond ETF by 3.1% during the 3rd quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock worth $477,000 after purchasing an additional 315 shares during the period.

Fidelity Total Bond ETF Trading Up 0.1%

Shares of FBND stock opened at $45.54 on Wednesday. The stock has a 50 day simple moving average of $45.59 and a 200-day simple moving average of $45.93. The company has a market cap of $25.52 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month 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.