Creative Financial Designs Inc. ADV Sells 344,559 Shares of Fidelity Total Bond ETF $FBND

Creative Financial Designs Inc. ADV trimmed its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 43.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 453,086 shares of the company’s stock after selling 344,559 shares during the period. Fidelity Total Bond ETF makes up 1.5% of Creative Financial Designs Inc. ADV’s portfolio, making the stock its 16th biggest holding. Creative Financial Designs Inc. ADV owned approximately 0.11% of Fidelity Total Bond ETF worth $20,729,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Fidelity Total Bond ETF by 8.4% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 17,589 shares of the company’s stock valued at $805,000 after acquiring an additional 1,370 shares during the period. Creekmur Asset Management LLC bought a new stake in Fidelity Total Bond ETF during the second quarter valued at about $86,000. Tradewinds LLC. bought a new stake in Fidelity Total Bond ETF during the second quarter valued at about $5,044,000. IFG Advisory LLC boosted its holdings in Fidelity Total Bond ETF by 23.8% during the second quarter. IFG Advisory LLC now owns 34,124 shares of the company’s stock valued at $1,561,000 after acquiring an additional 6,550 shares during the period. Finally, Atria Investments Inc boosted its holdings in Fidelity Total Bond ETF by 1.2% during the second quarter. Atria Investments Inc now owns 187,619 shares of the company’s stock valued at $8,584,000 after acquiring an additional 2,164 shares during the period.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $46.37 on Friday. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.86. The company has a 50-day moving average of $46.39 and a two-hundred day moving average of $45.75. The stock has a market capitalization of $22.06 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

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.