Fairvoy Private Wealth LLC lessened its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 1.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,075 shares of the company’s stock after selling 322 shares during the quarter. Fairvoy Private Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $1,101,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Tritonpoint Wealth LLC boosted its position in shares of Fidelity Total Bond ETF by 2.2% in the second quarter. Tritonpoint Wealth LLC now owns 56,926 shares of the company’s stock valued at $2,614,000 after acquiring an additional 1,239 shares during the period. Beacon Capital Management LLC raised its stake in Fidelity Total Bond ETF by 84.6% in the second quarter. Beacon Capital Management LLC now owns 4,549 shares of the company’s stock valued at $208,000 after purchasing an additional 2,085 shares in the last quarter. Diversified Trust Co acquired a new position in Fidelity Total Bond ETF in the second quarter valued at about $427,000. Cerity Partners LLC raised its stake in Fidelity Total Bond ETF by 27.5% in the first quarter. Cerity Partners LLC now owns 8,008 shares of the company’s stock valued at $366,000 after purchasing an additional 1,729 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Fidelity Total Bond ETF by 1.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 150,385 shares of the company’s stock valued at $6,862,000 after purchasing an additional 2,642 shares in the last quarter.
Fidelity Total Bond ETF Stock Down 0.2%
FBND stock opened at $46.33 on Friday. The company has a market cap of $21.17 billion, a PE ratio of 8.94 and a beta of 0.17. The business has a 50-day simple moving average of $46.08 and a 200 day simple moving average of $45.60. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.75.
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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