XY Planning Network Inc. reduced its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 27.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,754 shares of the company’s stock after selling 20,185 shares during the period. XY Planning Network Inc.’s holdings in Fidelity Total Bond ETF were worth $2,284,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in FBND. Steph & Co. raised its position in shares of Fidelity Total Bond ETF by 27.3% in the 3rd quarter. Steph & Co. now owns 316,767 shares of the company’s stock valued at $13,716,000 after acquiring an additional 67,854 shares during the period. Capital Wealth Management LLC boosted its stake in Fidelity Total Bond ETF by 9.3% during the 1st quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock worth $28,536,000 after acquiring an additional 53,398 shares during the last quarter. Barry Investment Advisors LLC boosted its stake in Fidelity Total Bond ETF by 22.6% during the 1st quarter. Barry Investment Advisors LLC now owns 128,125 shares of the company’s stock worth $5,868,000 after acquiring an additional 23,595 shares during the last quarter. Corient Private Wealth LP grew its holdings in Fidelity Total Bond ETF by 5.4% during the second quarter. Corient Private Wealth LP now owns 1,808,251 shares of the company’s stock valued at $82,259,000 after purchasing an additional 92,976 shares during the period. Finally, Waterway Wealth Management LLC grew its holdings in Fidelity Total Bond ETF by 2,335.5% during the first quarter. Waterway Wealth Management LLC now owns 184,513 shares of the company’s stock valued at $8,417,000 after purchasing an additional 176,937 shares during the period.
Fidelity Total Bond ETF Stock Performance
Shares of NYSEARCA FBND opened at $43.52 on Wednesday. Fidelity Total Bond ETF has a 52-week low of $43.11 and a 52-week high of $46.86. The stock has a market cap of $28.06 billion, a P/E ratio of 8.94 and a beta of 0.28. The firm has a 50 day moving average price of $44.35 and a 200 day moving average price of $45.08.
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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