Fidelity Total Bond ETF $FBND Stake Trimmed by RCS Financial Planning LLC

RCS Financial Planning LLC reduced its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 63.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 135,145 shares of the company’s stock after selling 236,320 shares during the quarter. Fidelity Total Bond ETF comprises 3.2% of RCS Financial Planning LLC’s investment portfolio, making the stock its 9th largest position. RCS Financial Planning LLC’s holdings in Fidelity Total Bond ETF were worth $5,874,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Steph & Co. boosted its stake in shares of Fidelity Total Bond ETF by 27.3% during the 3rd quarter. Steph & Co. now owns 316,767 shares of the company’s stock valued at $13,716,000 after purchasing an additional 67,854 shares in the last quarter. Capital Wealth Management LLC increased its position in shares of Fidelity Total Bond ETF by 9.3% during the first quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock valued at $28,536,000 after buying an additional 53,398 shares during the period. Barry Investment Advisors LLC increased its position in shares of Fidelity Total Bond ETF by 22.6% during the first quarter. Barry Investment Advisors LLC now owns 128,125 shares of the company’s stock valued at $5,868,000 after buying an additional 23,595 shares during the period. Corient Private Wealth LP raised its stake in Fidelity Total Bond ETF by 5.4% in the second quarter. Corient Private Wealth LP now owns 1,808,251 shares of the company’s stock worth $82,259,000 after buying an additional 92,976 shares in the last quarter. Finally, Waterway Wealth Management LLC raised its stake in Fidelity Total Bond ETF by 2,335.5% in the first quarter. Waterway Wealth Management LLC now owns 184,513 shares of the company’s stock worth $8,417,000 after buying an additional 176,937 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

FBND traded up $0.02 on Wednesday, hitting $43.54. The company had a trading volume of 4,366,311 shares, compared to its average volume of 3,165,075. Fidelity Total Bond ETF has a 52-week low of $43.11 and a 52-week high of $46.86. The stock has a fifty day simple moving average of $44.35 and a 200-day simple moving average of $45.08. The firm has a market capitalization of $28.07 billion, a P/E ratio of 8.94 and a beta of 0.28.

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.