Dynamic Advisor Solutions LLC Sells 76,687 Shares of Fidelity Total Bond ETF $FBND

Dynamic Advisor Solutions LLC trimmed its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 946,139 shares of the company’s stock after selling 76,687 shares during the period. Fidelity Total Bond ETF accounts for about 1.3% of Dynamic Advisor Solutions LLC’s portfolio, making the stock its 7th largest position. Dynamic Advisor Solutions LLC’s holdings in Fidelity Total Bond ETF were worth $43,286,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Capital Wealth Management LLC lifted its holdings in Fidelity Total Bond ETF by 14.9% in the second quarter. Capital Wealth Management LLC now owns 404,147 shares of the company’s stock valued at $18,490,000 after acquiring an additional 52,326 shares during the last quarter. Lincoln Capital Corp lifted its holdings in Fidelity Total Bond ETF by 2.6% in the second quarter. Lincoln Capital Corp now owns 81,947 shares of the company’s stock valued at $3,749,000 after acquiring an additional 2,082 shares during the last quarter. OLIO Financial Planning lifted its holdings in Fidelity Total Bond ETF by 3.5% in the second quarter. OLIO Financial Planning now owns 884,042 shares of the company’s stock valued at $40,445,000 after acquiring an additional 29,876 shares during the last quarter. Lineweaver Wealth Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 9.7% in the 2nd quarter. Lineweaver Wealth Advisors LLC now owns 658,428 shares of the company’s stock valued at $30,123,000 after purchasing an additional 58,414 shares during the last quarter. Finally, Kearns & Associates LLC acquired a new position in shares of Fidelity Total Bond ETF in the 2nd quarter valued at $710,000.

Fidelity Total Bond ETF Stock Up 0.1%

Shares of Fidelity Total Bond ETF stock opened at $46.63 on Wednesday. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $47.30. The business’s fifty day simple moving average is $45.86 and its 200-day simple moving average is $45.53. The firm has a market cap of $20.16 billion, a PE ratio of 8.94 and a beta of 0.17.

About Fidelity Total Bond ETF

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.