Stone House Investment Management LLC decreased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 63.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 592 shares of the company’s stock after selling 1,013 shares during the quarter. Stone House Investment Management LLC’s holdings in Fidelity Total Bond ETF were worth $27,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Financial Management Professionals Inc. acquired a new position in Fidelity Total Bond ETF in the fourth quarter valued at about $25,000. NBC Securities Inc. acquired a new position in Fidelity Total Bond ETF in the third quarter valued at about $27,000. Money Concepts Capital Corp acquired a new position in Fidelity Total Bond ETF in the fourth quarter valued at about $46,000. Retirement Group LLC acquired a new position in Fidelity Total Bond ETF in the second quarter valued at about $50,000. Finally, Sound Income Strategies LLC acquired a new position in Fidelity Total Bond ETF in the fourth quarter valued at about $74,000.
Fidelity Total Bond ETF Stock Up 0.5 %
NYSEARCA:FBND traded up $0.23 on Wednesday, reaching $44.29. The stock had a trading volume of 815,738 shares, compared to its average volume of 1,307,063. The company has a market capitalization of $4.25 billion, a P/E ratio of 12.64 and a beta of 0.17. Fidelity Total Bond ETF has a 1-year low of $42.45 and a 1-year high of $46.38. The stock has a fifty day moving average price of $45.10 and a 200-day moving average price of $44.77.
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.
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Want to see what other hedge funds are holding FBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report).
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