Ibex Wealth Advisors Sells 1,115 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Ibex Wealth Advisors decreased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,840 shares of the company’s stock after selling 1,115 shares during the quarter. Ibex Wealth Advisors’ holdings in Fidelity Total Bond ETF were worth $1,180,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. King Wealth Management Group lifted its position in shares of Fidelity Total Bond ETF by 1.0% in the 4th quarter. King Wealth Management Group now owns 23,930 shares of the company’s stock worth $1,074,000 after acquiring an additional 240 shares during the period. Waterfront Wealth Inc. lifted its position in shares of Fidelity Total Bond ETF by 0.9% in the 4th quarter. Waterfront Wealth Inc. now owns 27,898 shares of the company’s stock worth $1,252,000 after acquiring an additional 242 shares during the period. Integrity Financial Corp WA lifted its position in shares of Fidelity Total Bond ETF by 1.8% in the 4th quarter. Integrity Financial Corp WA now owns 17,275 shares of the company’s stock worth $775,000 after acquiring an additional 299 shares during the period. Prosperity Consulting Group LLC lifted its position in shares of Fidelity Total Bond ETF by 0.4% in the 4th quarter. Prosperity Consulting Group LLC now owns 78,378 shares of the company’s stock worth $3,517,000 after acquiring an additional 302 shares during the period. Finally, AMG National Trust Bank lifted its position in shares of Fidelity Total Bond ETF by 3.2% in the 4th quarter. AMG National Trust Bank now owns 13,578 shares of the company’s stock worth $609,000 after acquiring an additional 425 shares during the period.

Fidelity Total Bond ETF Trading Up 0.2%

Shares of FBND stock opened at $45.10 on Tuesday. The stock has a 50 day moving average of $45.17 and a two-hundred day moving average of $45.29. Fidelity Total Bond ETF has a 12 month low of $44.30 and a 12 month high of $47.30. The company has a market capitalization of $18.60 billion, a P/E ratio of 8.94 and a beta of 0.26.

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.