Vestmark Advisory Solutions Inc. lessened its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 12.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 486,313 shares of the company’s stock after selling 70,227 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Fidelity Total Bond ETF were worth $22,390,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the stock. Plan A Wealth LLC boosted its stake in Fidelity Total Bond ETF by 74.6% during the fourth quarter. Plan A Wealth LLC now owns 16,500 shares of the company’s stock worth $760,000 after buying an additional 7,052 shares during the period. Global Retirement Partners LLC boosted its stake in Fidelity Total Bond ETF by 5.6% during the fourth quarter. Global Retirement Partners LLC now owns 759,690 shares of the company’s stock worth $34,976,000 after buying an additional 40,263 shares during the period. Financial Synergies Wealth Advisors Inc. lifted its position in shares of Fidelity Total Bond ETF by 19.4% during the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 147,921 shares of the company’s stock worth $6,810,000 after purchasing an additional 24,027 shares in the last quarter. Shakespeare Wealth Management LLC lifted its position in shares of Fidelity Total Bond ETF by 5.1% during the fourth quarter. Shakespeare Wealth Management LLC now owns 767,474 shares of the company’s stock worth $35,335,000 after purchasing an additional 37,181 shares in the last quarter. Finally, Forum Private Client Group LLC lifted its position in shares of Fidelity Total Bond ETF by 20.9% during the fourth quarter. Forum Private Client Group LLC now owns 22,964 shares of the company’s stock worth $1,057,000 after purchasing an additional 3,970 shares in the last quarter.
Fidelity Total Bond ETF Stock Performance
Shares of FBND opened at $45.34 on Friday. The stock has a market capitalization of $25.40 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1 year low of $44.73 and a 1 year high of $46.86. The company’s 50-day simple moving average is $45.70 and its 200-day simple moving average is $46.08.
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.
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Want to see what other hedge funds are holding FBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report).
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