Lake Street Advisors Group LLC reduced its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 3.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,106 shares of the company’s stock after selling 1,046 shares during the period. Lake Street Advisors Group LLC’s holdings in Fidelity Total Bond ETF were worth $1,504,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of FBND. Northwest Capital Management Inc purchased a new stake in Fidelity Total Bond ETF during the second quarter worth about $34,000. Farmers & Merchants Investments Inc. purchased a new stake in Fidelity Total Bond ETF during the second quarter worth about $44,000. Money Concepts Capital Corp purchased a new stake in Fidelity Total Bond ETF during the fourth quarter worth about $46,000. Private Trust Co. NA increased its stake in Fidelity Total Bond ETF by 950.0% during the second quarter. Private Trust Co. NA now owns 1,050 shares of the company’s stock worth $48,000 after purchasing an additional 950 shares during the period. Finally, Bogart Wealth LLC increased its stake in Fidelity Total Bond ETF by 119.8% during the second quarter. Bogart Wealth LLC now owns 1,101 shares of the company’s stock worth $50,000 after purchasing an additional 600 shares during the period.
Fidelity Total Bond ETF Stock Up 0.2 %
NYSEARCA:FBND traded up $0.07 on Friday, reaching $44.13. 1,626,412 shares of the company’s stock were exchanged, compared to its average volume of 797,253. The firm has a market capitalization of $4.23 billion, a price-to-earnings ratio of 12.64 and a beta of 0.17. The business has a fifty day moving average of $43.50 and a 200-day moving average of $44.63. Fidelity Total Bond ETF has a 52-week low of $42.45 and a 52-week high of $46.96.
Fidelity Total Bond ETF Increases Dividend
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.
- Five stocks we like better than Fidelity Total Bond ETF
- How to Invest in Social Media
- MarketBeat Week in Review – 11/13 – 11/17
- How to Use Stock Screeners to Find Stocks
- 3 large caps with red hot RSIs with upside
- The How and Why of Investing in Gold Stocks
- Johnson Controls International: Nothing but upside for investors
Receive News & Ratings for Fidelity Total Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Total Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.