Linscomb & Williams Inc. Sells 48,853 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Linscomb & Williams Inc. cut its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 24.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 153,872 shares of the company’s stock after selling 48,853 shares during the period. Linscomb & Williams Inc. owned 0.16% of Fidelity Total Bond ETF worth $7,084,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of FBND. Sequoia Financial Advisors LLC lifted its stake in Fidelity Total Bond ETF by 0.9% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 1,952,360 shares of the company’s stock valued at $85,045,000 after purchasing an additional 18,368 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of Fidelity Total Bond ETF by 620.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 98,823 shares of the company’s stock valued at $4,550,000 after buying an additional 85,106 shares during the last quarter. Masso Torrence Wealth Management Inc. boosted its stake in shares of Fidelity Total Bond ETF by 1.9% during the 4th quarter. Masso Torrence Wealth Management Inc. now owns 102,636 shares of the company’s stock worth $4,725,000 after acquiring an additional 1,909 shares during the period. Baker Avenue Asset Management LP increased its holdings in shares of Fidelity Total Bond ETF by 6.1% during the 3rd quarter. Baker Avenue Asset Management LP now owns 1,852,684 shares of the company’s stock worth $80,703,000 after acquiring an additional 105,723 shares during the last quarter. Finally, Sound Income Strategies LLC bought a new stake in Fidelity Total Bond ETF in the 4th quarter valued at $74,000.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock traded up $0.08 during trading hours on Friday, hitting $44.89. The company had a trading volume of 1,266,318 shares, compared to its average volume of 1,293,768. The firm has a 50-day moving average of $44.75 and a 200 day moving average of $45.05. The firm has a market cap of $8.96 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a one year low of $42.45 and a one year high of $46.21.

Fidelity Total Bond ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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