Opes Wealth Management LLC Sells 5,860 Shares of Fidelity Total Bond ETF $FBND

Opes Wealth Management LLC trimmed its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 199,959 shares of the company’s stock after selling 5,860 shares during the quarter. Fidelity Total Bond ETF makes up about 1.6% of Opes Wealth Management LLC’s investment portfolio, making the stock its 20th biggest position. Opes Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $9,148,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Bogart Wealth LLC grew its stake in Fidelity Total Bond ETF by 23.3% during the first quarter. Bogart Wealth LLC now owns 1,574 shares of the company’s stock worth $72,000 after buying an additional 297 shares during the last quarter. Kraft Davis & Associates LLC lifted its holdings in Fidelity Total Bond ETF by 2.8% during the 1st quarter. Kraft Davis & Associates LLC now owns 12,509 shares of the company’s stock worth $562,000 after buying an additional 338 shares in the last quarter. Legacy Solutions LLC lifted its holdings in Fidelity Total Bond ETF by 0.8% during the 2nd quarter. Legacy Solutions LLC now owns 49,122 shares of the company’s stock worth $2,247,000 after buying an additional 382 shares in the last quarter. Post Resch Tallon Group Inc. increased its stake in shares of Fidelity Total Bond ETF by 2.4% in the 2nd quarter. Post Resch Tallon Group Inc. now owns 22,616 shares of the company’s stock valued at $1,035,000 after buying an additional 530 shares during the period. Finally, First Pacific Financial acquired a new stake in shares of Fidelity Total Bond ETF in the 1st quarter valued at $25,000.

Fidelity Total Bond ETF Stock Performance

NYSEARCA FBND opened at $46.71 on Friday. The stock has a fifty day moving average of $46.30 and a 200-day moving average of $45.69. The stock has a market capitalization of $21.82 billion, a P/E ratio of 8.94 and a beta of 0.17. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.85.

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.