Insight Wealth Partners LLC cut its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 22.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 195,769 shares of the company’s stock after selling 57,170 shares during the quarter. Fidelity Total Bond ETF accounts for 1.2% of Insight Wealth Partners LLC’s portfolio, making the stock its 7th largest position. Insight Wealth Partners LLC’s holdings in Fidelity Total Bond ETF were worth $8,906,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital Wealth Management LLC raised its holdings in shares of Fidelity Total Bond ETF by 9.3% during the first quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock valued at $28,536,000 after acquiring an additional 53,398 shares during the period. Valley Wealth Managers Inc. grew its position in Fidelity Total Bond ETF by 149.5% during the 4th quarter. Valley Wealth Managers Inc. now owns 62,724 shares of the company’s stock worth $2,888,000 after purchasing an additional 37,588 shares in the last quarter. USAdvisors Wealth Management LLC grew its position in Fidelity Total Bond ETF by 5.3% during the 4th quarter. USAdvisors Wealth Management LLC now owns 243,175 shares of the company’s stock worth $11,195,000 after purchasing an additional 12,241 shares in the last quarter. Barry Investment Advisors LLC raised its stake in Fidelity Total Bond ETF by 36.7% during the 2nd quarter. Barry Investment Advisors LLC now owns 175,149 shares of the company’s stock valued at $7,997,000 after purchasing an additional 47,024 shares during the period. Finally, Hicks Capital Management LLC lifted its holdings in shares of Fidelity Total Bond ETF by 11.3% in the fourth quarter. Hicks Capital Management LLC now owns 251,938 shares of the company’s stock valued at $11,599,000 after purchasing an additional 25,669 shares in the last quarter.
Fidelity Total Bond ETF Stock Down 0.1%
Shares of Fidelity Total Bond ETF stock opened at $44.67 on Wednesday. The stock has a market cap of $27.06 billion, a PE ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 12 month low of $44.59 and a 12 month high of $46.86. The business has a fifty day simple moving average of $45.02 and a 200-day simple moving average of $45.50.
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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