Fidelity Total Bond ETF $FBND Shares Sold by Regimen Wealth LLC

Regimen Wealth LLC reduced its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 18.1% in the 2nd quarter, Holdings Channel reports. The firm owned 490,758 shares of the company’s stock after selling 108,172 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 7.0% of Regimen Wealth LLC’s portfolio, making the stock its 2nd biggest position. Regimen Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $22,452,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Fifth Third Bancorp bought a new position in Fidelity Total Bond ETF in the second quarter worth about $27,000. Brown Lisle Cummings Inc. acquired a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at $38,000. Iron Horse Wealth Management LLC purchased a new position in shares of Fidelity Total Bond ETF during the 1st quarter valued at $60,000. Clarity Asset Management Inc. boosted its holdings in Fidelity Total Bond ETF by 285.3% in the first quarter. Clarity Asset Management Inc. now owns 1,364 shares of the company’s stock worth $62,000 after purchasing an additional 1,010 shares in the last quarter. Finally, Bogart Wealth LLC lifted its stake in shares of Fidelity Total Bond ETF by 23.3% in the first quarter. Bogart Wealth LLC now owns 1,574 shares of the company’s stock valued at $72,000 after buying an additional 297 shares during the period.

Fidelity Total Bond ETF Stock Down 0.3%

NYSEARCA:FBND opened at $46.20 on Thursday. The firm has a market capitalization of $22.07 billion, a PE ratio of 8.94 and a beta of 0.28. The firm has a 50-day moving average price of $46.41 and a 200 day moving average price of $45.79. Fidelity Total Bond ETF has a 12-month low of $44.30 and a 12-month high of $46.86.

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.