Sonoma Allocations LLC Has $9.18 Million Position in Fidelity Total Bond ETF $FBND

Sonoma Allocations LLC trimmed its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 31.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 199,712 shares of the company’s stock after selling 90,620 shares during the quarter. Fidelity Total Bond ETF comprises 3.1% of Sonoma Allocations LLC’s portfolio, making the stock its 10th biggest holding. Sonoma Allocations LLC’s holdings in Fidelity Total Bond ETF were worth $9,182,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Dupree Financial Group LLC boosted its stake in shares of Fidelity Total Bond ETF by 1.6% during the 4th quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock worth $651,000 after acquiring an additional 219 shares in the last quarter. Quadrant Capital Group LLC raised its stake in shares of Fidelity Total Bond ETF by 0.6% in the 3rd quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock valued at $1,758,000 after acquiring an additional 220 shares in the last quarter. RWA Wealth Partners LLC lifted its holdings in Fidelity Total Bond ETF by 2.6% in the 3rd quarter. RWA Wealth Partners LLC now owns 9,628 shares of the company’s stock worth $445,000 after purchasing an additional 241 shares during the last quarter. Investment Advisory Group LLC lifted its holdings in Fidelity Total Bond ETF by 0.4% in the 4th quarter. Investment Advisory Group LLC now owns 71,185 shares of the company’s stock worth $3,277,000 after purchasing an additional 303 shares during the last quarter. Finally, Keystone Financial Group boosted its position in Fidelity Total Bond ETF by 3.1% during the third quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock worth $477,000 after purchasing an additional 315 shares during the period.

Fidelity Total Bond ETF Stock Up 0.3%

Shares of Fidelity Total Bond ETF stock opened at $45.61 on Friday. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month high of $46.86. The stock has a 50 day moving average price of $45.61 and a two-hundred day moving average price of $45.95. The stock has a market capitalization of $25.56 billion, a P/E ratio of 8.94 and a beta of 0.27.

Fidelity Total Bond ETF 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.