16,711 Fidelity Total Bond ETF $FBND Shares Sold by Walker Financial Services Inc.

Walker Financial Services Inc. cut its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 18.2% in the third quarter, Holdings Channel reports. The firm owned 75,337 shares of the company’s stock after selling 16,711 shares during the period. Fidelity Total Bond ETF accounts for approximately 1.0% of Walker Financial Services Inc.’s holdings, making the stock its 17th biggest position. Walker Financial Services Inc.’s holdings in Fidelity Total Bond ETF were worth $3,262,000 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. Bank of America Corp DE increased its position in Fidelity Total Bond ETF by 6.3% during the first quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock worth $670,926,000 after buying an additional 871,672 shares during the period. Envestnet Asset Management Inc. lifted its stake in Fidelity Total Bond ETF by 7.9% in the second quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock valued at $366,632,000 after buying an additional 587,351 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Fidelity Total Bond ETF by 15.9% in the first quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock valued at $310,268,000 after acquiring an additional 930,834 shares during the period. Sax Wealth Advisors LLC boosted its holdings in shares of Fidelity Total Bond ETF by 49.8% in the third quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock valued at $291,320,000 after acquiring an additional 2,236,473 shares during the period. Finally, Legacy Wealth Management LLC boosted its holdings in shares of Fidelity Total Bond ETF by 57.0% in the second quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock valued at $249,987,000 after acquiring an additional 1,995,732 shares during the period.

Fidelity Total Bond ETF Trading Up 0.1%

Shares of FBND opened at $44.15 on Wednesday. The firm has a market cap of $28.46 billion, a PE ratio of 8.94 and a beta of 0.28. The company’s 50 day simple moving average is $44.14 and its 200-day simple moving average is $45.30. Fidelity Total Bond ETF has a 12-month low of $43.11 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.