Fairvoy Private Wealth LLC Has $1.10 Million Stock Position in Fidelity Total Bond ETF $FBND

Fairvoy Private Wealth LLC reduced its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 24,075 shares of the company’s stock after selling 322 shares during the period. Fairvoy Private Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $1,101,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of FBND. First Pacific Financial acquired a new stake in Fidelity Total Bond ETF during the 1st quarter worth approximately $25,000. Fifth Third Bancorp acquired a new stake in shares of Fidelity Total Bond ETF in the second quarter valued at approximately $27,000. NBC Securities Inc. acquired a new stake in shares of Fidelity Total Bond ETF in the first quarter valued at approximately $28,000. Tsfg LLC acquired a new stake in shares of Fidelity Total Bond ETF in the first quarter valued at approximately $29,000. Finally, Sound Income Strategies LLC raised its holdings in shares of Fidelity Total Bond ETF by 63.1% in the first quarter. Sound Income Strategies LLC now owns 791 shares of the company’s stock valued at $36,000 after purchasing an additional 306 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.2%

NYSEARCA FBND opened at $46.33 on Friday. Fidelity Total Bond ETF has a 12-month low of $44.30 and a 12-month high of $46.75. The company has a market capitalization of $21.17 billion, a PE ratio of 8.94 and a beta of 0.17. The firm’s 50 day moving average is $46.08 and its 200-day moving average is $45.60.

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.