Aviso Financial Inc. Sells 2,840 Shares of Fidelity Total Bond ETF $FBND

Aviso Financial Inc. trimmed its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 29.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,870 shares of the company’s stock after selling 2,840 shares during the quarter. Aviso Financial Inc.’s holdings in Fidelity Total Bond ETF were worth $313,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Pacific Financial bought a new position in Fidelity Total Bond ETF in the 1st quarter worth approximately $25,000. Tsfg LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 1st quarter worth approximately $29,000. NBC Securities Inc. purchased a new stake in shares of Fidelity Total Bond ETF during the 1st quarter worth approximately $28,000. Sound Income Strategies LLC raised its holdings in shares of Fidelity Total Bond ETF by 63.1% during the 1st quarter. Sound Income Strategies LLC now owns 791 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares in the last quarter. Finally, Iron Horse Wealth Management LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 1st quarter worth approximately $60,000.

Fidelity Total Bond ETF Price Performance

Shares of FBND opened at $45.74 on Tuesday. The stock has a market capitalization of $19.77 billion, a price-to-earnings ratio of 8.94 and a beta of 0.17. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $47.30. The business’s 50 day simple moving average is $45.60 and its 200-day simple moving average is $45.42.

Fidelity Total Bond ETF 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.