RWA Wealth Partners LLC Sells 96,347 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

RWA Wealth Partners LLC decreased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 53.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 83,214 shares of the company’s stock after selling 96,347 shares during the quarter. RWA Wealth Partners LLC’s holdings in Fidelity Total Bond ETF were worth $3,831,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Global Retirement Partners LLC lifted its position in Fidelity Total Bond ETF by 16.3% during the third quarter. Global Retirement Partners LLC now owns 5,691 shares of the company’s stock valued at $246,000 after purchasing an additional 796 shares during the last quarter. Founders Financial Securities LLC lifted its position in Fidelity Total Bond ETF by 8.4% during the third quarter. Founders Financial Securities LLC now owns 355,333 shares of the company’s stock valued at $15,478,000 after purchasing an additional 27,408 shares during the last quarter. Amplius Wealth Advisors LLC lifted its position in Fidelity Total Bond ETF by 35.8% during the third quarter. Amplius Wealth Advisors LLC now owns 290,565 shares of the company’s stock valued at $12,658,000 after purchasing an additional 76,559 shares during the last quarter. Cornerstone Wealth Group LLC lifted its position in Fidelity Total Bond ETF by 4.7% during the third quarter. Cornerstone Wealth Group LLC now owns 25,802 shares of the company’s stock valued at $1,124,000 after purchasing an additional 1,148 shares during the last quarter. Finally, Capital Asset Advisory Services LLC raised its stake in shares of Fidelity Total Bond ETF by 4.5% in the third quarter. Capital Asset Advisory Services LLC now owns 23,437 shares of the company’s stock valued at $1,022,000 after acquiring an additional 1,010 shares during the period.

Fidelity Total Bond ETF Trading Up 0.1 %

Shares of FBND opened at $44.30 on Tuesday. Fidelity Total Bond ETF has a twelve month low of $42.45 and a twelve month high of $46.38. The company has a market cap of $8.78 billion, a P/E ratio of 8.76 and a beta of 0.15. The company’s fifty day simple moving average is $45.02 and its 200-day simple moving average is $44.80.

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.