Fidelity Total Bond ETF $FBND Shares Sold by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC lessened its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 42.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 32,974 shares of the company’s stock after selling 24,016 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $1,514,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. PFG Investments LLC lifted its holdings in shares of Fidelity Total Bond ETF by 3.2% in the 1st quarter. PFG Investments LLC now owns 9,182 shares of the company’s stock valued at $419,000 after buying an additional 282 shares during the period. Bogart Wealth LLC increased its stake in shares of Fidelity Total Bond ETF by 23.3% in the 1st quarter. Bogart Wealth LLC now owns 1,574 shares of the company’s stock valued at $72,000 after purchasing an additional 297 shares in the last quarter. Sound Income Strategies LLC increased its stake in shares of Fidelity Total Bond ETF by 63.1% in the 1st quarter. Sound Income Strategies LLC now owns 791 shares of the company’s stock valued at $36,000 after purchasing an additional 306 shares in the last quarter. Kraft Davis & Associates LLC increased its stake in shares of Fidelity Total Bond ETF by 2.8% in the 1st quarter. Kraft Davis & Associates LLC now owns 12,509 shares of the company’s stock valued at $562,000 after purchasing an additional 338 shares in the last quarter. Finally, Legacy Solutions LLC increased its stake in shares of Fidelity Total Bond ETF by 0.8% in the 2nd quarter. Legacy Solutions LLC now owns 49,122 shares of the company’s stock valued at $2,247,000 after purchasing an additional 382 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.3%

Shares of Fidelity Total Bond ETF stock opened at $46.42 on Friday. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $46.82. The business has a 50-day moving average price of $46.15 and a 200 day moving average price of $45.62. The firm has a market cap of $21.31 billion, a PE 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.