Fidelity Total Bond ETF $FBND Shares Sold by RCS Financial Planning LLC

RCS Financial Planning LLC lowered its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 63.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 135,145 shares of the company’s stock after selling 236,320 shares during the quarter. Fidelity Total Bond ETF comprises approximately 3.2% of RCS Financial Planning LLC’s portfolio, making the stock its 9th biggest position. RCS Financial Planning LLC’s holdings in Fidelity Total Bond ETF were worth $5,874,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Bank of America Corp DE grew its position in shares of Fidelity Total Bond ETF by 6.3% in the 1st quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock worth $670,926,000 after buying an additional 871,672 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Fidelity Total Bond ETF by 7.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock worth $366,632,000 after acquiring an additional 587,351 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Fidelity Total Bond ETF by 15.9% in the 1st quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock worth $310,268,000 after acquiring an additional 930,834 shares in the last quarter. Sax Wealth Advisors LLC lifted its position in Fidelity Total Bond ETF by 49.8% during the 3rd quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock valued at $291,320,000 after acquiring an additional 2,236,473 shares during the period. Finally, Quotient Wealth Partners LLC lifted its position in Fidelity Total Bond ETF by 32.9% during the 1st quarter. Quotient Wealth Partners LLC now owns 6,501,284 shares of the company’s stock valued at $296,589,000 after acquiring an additional 1,609,056 shares during the period.

Fidelity Total Bond ETF Price Performance

NYSEARCA:FBND traded up $0.02 during mid-day trading on Wednesday, hitting $43.54. 4,366,311 shares of the company’s stock were exchanged, compared to its average volume of 3,165,075. Fidelity Total Bond ETF has a one year low of $43.11 and a one year high of $46.86. The business has a fifty day moving average price of $44.35 and a 200 day moving average price of $45.08. The company has a market cap of $28.07 billion, a PE ratio of 8.94 and a beta of 0.28.

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.