GWN Securities Inc. Has $994,000 Stock Holdings in Fidelity Total Bond ETF $FBND

GWN Securities Inc. cut its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 25.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,715 shares of the company’s stock after selling 7,297 shares during the quarter. GWN Securities Inc.’s holdings in Fidelity Total Bond ETF were worth $994,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of FBND. Wealth Watch Advisors INC increased its position in Fidelity Total Bond ETF by 5.2% during the second quarter. Wealth Watch Advisors INC now owns 22,885 shares of the company’s stock worth $1,047,000 after buying an additional 1,131 shares during the last quarter. Schmidt P J Investment Management Inc. increased its position in Fidelity Total Bond ETF by 15.0% during the second quarter. Schmidt P J Investment Management Inc. now owns 177,703 shares of the company’s stock worth $8,130,000 after buying an additional 23,149 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Fidelity Total Bond ETF by 11.2% during the second quarter. Envestnet Asset Management Inc. now owns 5,668,791 shares of the company’s stock worth $259,347,000 after buying an additional 571,082 shares during the last quarter. Schneider Downs Wealth Management Advisors LP increased its position in Fidelity Total Bond ETF by 32.3% during the second quarter. Schneider Downs Wealth Management Advisors LP now owns 260,891 shares of the company’s stock worth $11,936,000 after buying an additional 63,765 shares during the last quarter. Finally, Interchange Capital Partners LLC increased its position in Fidelity Total Bond ETF by 2.2% during the second quarter. Interchange Capital Partners LLC now owns 40,842 shares of the company’s stock worth $1,869,000 after buying an additional 898 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $46.81 on Tuesday. The company has a market capitalization of $22.26 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a one year low of $44.30 and a one year high of $46.85. The company’s fifty day moving average price is $46.34 and its two-hundred day moving average price is $45.72.

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.