Focus Partners Advisor Solutions LLC Has $10.86 Million Holdings in Fidelity Total Bond ETF $FBND

Focus Partners Advisor Solutions LLC lessened its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 41.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 235,939 shares of the company’s stock after selling 169,797 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Fidelity Total Bond ETF were worth $10,863,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dupree Financial Group LLC increased its holdings 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 valued at $651,000 after purchasing an additional 219 shares during the period. Quadrant Capital Group LLC increased its holdings in Fidelity Total Bond ETF by 0.6% in the third quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock worth $1,758,000 after buying an additional 220 shares during the last quarter. RWA Wealth Partners LLC increased its holdings in Fidelity Total Bond ETF by 2.6% in the third quarter. RWA Wealth Partners LLC now owns 9,628 shares of the company’s stock worth $445,000 after buying an additional 241 shares during the last quarter. Capital CS Group LLC boosted its position in Fidelity Total Bond ETF by 4.8% during the third quarter. Capital CS Group LLC now owns 6,224 shares of the company’s stock worth $288,000 after purchasing an additional 286 shares during the period. Finally, Investment Advisory Group LLC boosted its position in Fidelity Total Bond ETF by 0.4% during the fourth quarter. Investment Advisory Group LLC now owns 71,185 shares of the company’s stock worth $3,277,000 after purchasing an additional 303 shares during the period.

Fidelity Total Bond ETF Stock Down 0.1%

Shares of Fidelity Total Bond ETF stock opened at $45.26 on Tuesday. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month high of $46.86. The stock has a market capitalization of $25.36 billion, a P/E ratio of 8.94 and a beta of 0.27. The stock has a 50 day moving average price of $45.62 and a two-hundred day moving average price of $46.00.

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.