Soltis Investment Advisors LLC Decreases Stock Position in Fidelity Total Bond ETF $FBND

Soltis Investment Advisors LLC cut its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 79.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,088 shares of the company’s stock after selling 55,672 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $649,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. EnRich Financial Partners LLC boosted its stake in Fidelity Total Bond ETF by 4.0% during the 3rd quarter. EnRich Financial Partners LLC now owns 475,238 shares of the company’s stock valued at $21,975,000 after acquiring an additional 18,362 shares during the last quarter. Financial Management Network Inc. boosted its stake in Fidelity Total Bond ETF by 20.3% during the 4th quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock valued at $5,673,000 after acquiring an additional 20,803 shares during the last quarter. Sunburst Financial Group LLC boosted its stake in Fidelity Total Bond ETF by 2.6% during the 4th quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock valued at $51,124,000 after acquiring an additional 28,089 shares during the last quarter. Drake & Associates LLC boosted its stake in Fidelity Total Bond ETF by 14.3% during the 3rd quarter. Drake & Associates LLC now owns 837,627 shares of the company’s stock valued at $38,698,000 after acquiring an additional 104,664 shares during the last quarter. Finally, Coyle Financial Counsel LLC boosted its stake in Fidelity Total Bond ETF by 21.8% during the 3rd quarter. Coyle Financial Counsel LLC now owns 735,709 shares of the company’s stock valued at $34,019,000 after acquiring an additional 131,713 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $45.19 on Tuesday. Fidelity Total Bond ETF has a 12 month low of $44.73 and a 12 month high of $46.86. The company has a market capitalization of $25.32 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The company’s fifty day moving average price is $45.76 and its two-hundred day moving average price is $46.10.

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.