Private Advisor Group LLC Sells 7,752 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Private Advisor Group LLC cut its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 163,374 shares of the company’s stock after selling 7,752 shares during the period. Private Advisor Group LLC owned about 0.08% of Fidelity Total Bond ETF worth $7,331,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mark Sheptoff Financial Planning LLC bought a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at $25,000. Highline Wealth Partners LLC bought a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at $47,000. Darwin Wealth Management LLC bought a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at $54,000. Wilmington Savings Fund Society FSB bought a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at $87,000. Finally, Financial Management Professionals Inc. raised its position in Fidelity Total Bond ETF by 323.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 2,330 shares of the company’s stock valued at $109,000 after purchasing an additional 1,780 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.4 %

Shares of NYSEARCA FBND opened at $45.45 on Friday. The business has a fifty day simple moving average of $45.04 and a two-hundred day simple moving average of $45.79. The firm has a market cap of $9.07 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30.

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.