Parallel Advisors LLC reduced its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 8.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 144,784 shares of the company’s stock after selling 14,228 shares during the quarter. Parallel Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $6,666,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Dupree Financial Group LLC raised its stake in shares of Fidelity Total Bond ETF by 1.6% in the 4th quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock valued at $651,000 after buying an additional 219 shares in the last quarter. Quadrant Capital Group LLC raised its stake in shares of Fidelity Total Bond ETF by 0.6% in the 3rd quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock valued at $1,758,000 after buying an additional 220 shares in the last quarter. RWA Wealth Partners LLC raised its stake in shares of Fidelity Total Bond ETF by 2.6% in the 3rd quarter. RWA Wealth Partners LLC now owns 9,628 shares of the company’s stock valued at $445,000 after buying an additional 241 shares in the last quarter. Capital CS Group LLC raised its stake in shares of Fidelity Total Bond ETF by 4.8% in the 3rd quarter. Capital CS Group LLC now owns 6,224 shares of the company’s stock valued at $288,000 after buying an additional 286 shares in the last quarter. Finally, Investment Advisory Group LLC raised its stake in shares of Fidelity Total Bond ETF by 0.4% in the 4th quarter. Investment Advisory Group LLC now owns 71,185 shares of the company’s stock valued at $3,277,000 after buying an additional 303 shares in the last quarter.
Fidelity Total Bond ETF Stock Performance
Shares of FBND stock opened at $45.29 on Friday. Fidelity Total Bond ETF has a 52-week low of $44.82 and a 52-week high of $46.86. The stock has a market cap of $25.38 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The firm has a fifty day moving average of $45.63 and a 200-day moving average of $46.01.
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.
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