Fidelity Tactical Bond ETF (NYSEARCA:FTBD – Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 19 shares, a decrease of 99.1% from the September 30th total of 2,078 shares. Based on an average daily volume of 2,480 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.
Hedge Funds Weigh In On Fidelity Tactical Bond ETF
Large investors have recently bought and sold shares of the business. InTrack Investment Management Inc grew its position in shares of Fidelity Tactical Bond ETF by 152.8% during the second quarter. InTrack Investment Management Inc now owns 24,102 shares of the company’s stock worth $1,188,000 after acquiring an additional 14,569 shares during the last quarter. AdvisorNet Financial Inc acquired a new stake in shares of Fidelity Tactical Bond ETF in the 3rd quarter worth about $1,254,000. Brown Lisle Cummings Inc. acquired a new stake in shares of Fidelity Tactical Bond ETF in the 2nd quarter worth about $147,000. Arkadios Wealth Advisors increased its holdings in shares of Fidelity Tactical Bond ETF by 26.2% in the 1st quarter. Arkadios Wealth Advisors now owns 7,951 shares of the company’s stock worth $391,000 after acquiring an additional 1,652 shares during the period. Finally, Avidian Wealth Enterprises LLC bought a new stake in Fidelity Tactical Bond ETF in the 3rd quarter valued at about $253,000.
Fidelity Tactical Bond ETF Price Performance
Shares of FTBD stock opened at $47.50 on Tuesday. Fidelity Tactical Bond ETF has a 52 week low of $46.58 and a 52 week high of $50.56. The company’s fifty day simple moving average is $47.71 and its 200-day simple moving average is $48.93.
Fidelity Tactical Bond ETF Company Profile
The Fidelity Tactical Bond ETF (FTBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds debt securities of any type, rating, and maturity, selected using a qualitative and quantitative security selection approach. FTBD was launched on Jan 24, 2023 and is managed by Fidelity.
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