Kickstand Ventures LLC. Trims Stake in Fidelity Total Bond ETF $FBND

Kickstand Ventures LLC. cut its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 98.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,985 shares of the company’s stock after selling 369,808 shares during the period. Kickstand Ventures LLC.’s holdings in Fidelity Total Bond ETF were worth $272,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Cerity Partners LLC lifted its stake in Fidelity Total Bond ETF by 400.5% in the second quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock worth $1,834,000 after purchasing an additional 32,071 shares during the last quarter. Betterment LLC raised its holdings in shares of Fidelity Total Bond ETF by 2.7% in the second quarter. Betterment LLC now owns 97,501 shares of the company’s stock worth $4,461,000 after buying an additional 2,597 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter worth approximately $49,000. Graney & King LLC boosted its holdings in Fidelity Total Bond ETF by 7.3% during the 2nd quarter. Graney & King LLC now owns 50,169 shares of the company’s stock valued at $2,295,000 after acquiring an additional 3,402 shares during the period. Finally, Ameriprise Financial Inc. grew its position in Fidelity Total Bond ETF by 40.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock valued at $303,000 after acquiring an additional 1,924 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.1%

FBND stock opened at $44.71 on Friday. Fidelity Total Bond ETF has a twelve month low of $44.59 and a twelve month high of $46.86. The firm has a market cap of $27.09 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The business’s fifty day simple moving average is $45.08 and its two-hundred day simple moving average is $45.54.

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.