Fidelity Total Bond ETF $FBND Stock: Leelyn Smith LLC Lowers Holdings

Leelyn Smith LLC lowered its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 87.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 84,766 shares of the company’s stock after selling 618,125 shares during the quarter. Leelyn Smith LLC’s holdings in Fidelity Total Bond ETF were worth $3,670,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Parallel Advisors LLC grew its position in Fidelity Total Bond ETF by 12.2% in the 3rd quarter. Parallel Advisors LLC now owns 167,984 shares of the company’s stock worth $7,274,000 after purchasing an additional 18,281 shares during the last quarter. W.G. Shaheen & Associates DBA Whitney & Co raised its position in shares of Fidelity Total Bond ETF by 8.5% during the third quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 1,054,139 shares of the company’s stock valued at $45,644,000 after buying an additional 82,736 shares during the last quarter. Merkkuri Wealth Advisors LLC raised its position in shares of Fidelity Total Bond ETF by 5.2% during the third quarter. Merkkuri Wealth Advisors LLC now owns 156,605 shares of the company’s stock valued at $6,781,000 after buying an additional 7,732 shares during the last quarter. Destiny Capital Corp CO raised its position in shares of Fidelity Total Bond ETF by 1.8% during the third quarter. Destiny Capital Corp CO now owns 298,680 shares of the company’s stock valued at $12,933,000 after buying an additional 5,324 shares during the last quarter. Finally, United Advisor Group LLC lifted its stake in shares of Fidelity Total Bond ETF by 29.6% in the third quarter. United Advisor Group LLC now owns 55,761 shares of the company’s stock valued at $2,414,000 after buying an additional 12,750 shares during the period.

Fidelity Total Bond ETF Stock Performance

NYSEARCA FBND opened at $44.33 on Friday. Fidelity Total Bond ETF has a twelve month low of $43.11 and a twelve month high of $46.78. The stock has a market cap of $28.58 billion, a PE ratio of 8.94 and a beta of 0.28. The firm has a 50-day simple moving average of $44.01 and a 200 day simple moving average of $45.23.

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.