Walker Financial Services Inc. cut its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 20.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 92,048 shares of the company’s stock after selling 23,901 shares during the quarter. Fidelity Total Bond ETF comprises about 1.3% of Walker Financial Services Inc.’s investment portfolio, making the stock its 9th biggest holding. Walker Financial Services Inc.’s holdings in Fidelity Total Bond ETF were worth $4,187,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of FBND. Dupree Financial Group LLC grew 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 worth $651,000 after purchasing an additional 219 shares during the last quarter. Signature Equity Partners LLC lifted its stake in Fidelity Total Bond ETF by 5.4% during the first quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock valued at $216,000 after purchasing an additional 244 shares during the last quarter. Insight Advisors LLC PA boosted its holdings in Fidelity Total Bond ETF by 1.6% during the first quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock worth $821,000 after buying an additional 291 shares in the last quarter. Keystone Financial Group grew its position in Fidelity Total Bond ETF by 3.1% in the third quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock worth $477,000 after buying an additional 315 shares during the last quarter. Finally, Archer Investment Corp lifted its position in shares of Fidelity Total Bond ETF by 17.2% during the 1st quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock valued at $101,000 after acquiring an additional 325 shares during the last quarter.
Fidelity Total Bond ETF Stock Up 0.0%
Shares of NYSEARCA FBND opened at $44.91 on Thursday. The stock has a market capitalization of $27.21 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The stock’s fifty day simple moving average is $45.27 and its 200 day simple moving average is $45.68. Fidelity Total Bond ETF has a 52-week low of $44.65 and a 52-week high of $46.86.
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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