Fidelity Total Bond ETF $FBND Position Trimmed by Walker Financial Services Inc.

Walker Financial Services Inc. lessened its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 20.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 92,048 shares of the company’s stock after selling 23,901 shares during the quarter. Fidelity Total Bond ETF accounts for about 1.3% of Walker Financial Services Inc.’s holdings, making the stock its 9th biggest position. Walker Financial Services Inc.’s holdings in Fidelity Total Bond ETF were worth $4,187,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $25,000. GHP Investment Advisors Inc. acquired a new position in Fidelity Total Bond ETF in the first quarter worth approximately $25,000. Community Financial Services Group LLC acquired a new position in Fidelity Total Bond ETF in the second quarter worth approximately $32,000. Tucker Asset Management LLC bought a new position in Fidelity Total Bond ETF during the fourth quarter valued at approximately $37,000. Finally, Key Capital Management INC bought a new position in Fidelity Total Bond ETF during the fourth quarter valued at approximately $49,000.

Fidelity Total Bond ETF Stock Up 0.0%

NYSEARCA FBND opened at $44.91 on Thursday. The stock has a market capitalization of $27.21 billion, a PE ratio of 8.94 and a beta of 0.27. The company has a 50 day moving average price of $45.27 and a two-hundred day moving average price of $45.68. Fidelity Total Bond ETF has a 12-month low of $44.65 and a 12-month high of $46.86.

Fidelity Total Bond ETF Company 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.