Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors trimmed its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 14.5% during the fourth quarter, HoldingsChannel reports. The fund owned 68,441 shares of the company’s stock after selling 11,611 shares during the quarter. Captrust Financial Advisors’ holdings in Fidelity Total Bond ETF were worth $3,071,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of Fidelity Total Bond ETF by 11.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after purchasing an additional 520,113 shares in the last quarter. Centerline Wealth Advisors LLC purchased a new position in Fidelity Total Bond ETF in the fourth quarter valued at about $15,492,000. Steward Partners Investment Advisory LLC lifted its position in shares of Fidelity Total Bond ETF by 367.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 16,438 shares of the company’s stock valued at $738,000 after acquiring an additional 12,922 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Fidelity Total Bond ETF by 15.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 206,062 shares of the company’s stock worth $9,246,000 after acquiring an additional 27,243 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its holdings in shares of Fidelity Total Bond ETF by 5.3% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 1,078,366 shares of the company’s stock worth $48,386,000 after acquiring an additional 53,921 shares during the period.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $45.19 on Friday. The business has a 50 day moving average price of $45.39 and a 200 day moving average price of $45.35. The company has a market capitalization of $18.21 billion, a P/E ratio of 9.01 and a beta of 0.27. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $47.30.

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.