Split Rock Private Trading & Wealth Management LLC Sells 58,255 Shares of Fidelity Total Bond ETF $FBND

Split Rock Private Trading & Wealth Management LLC lessened its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 44.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,561 shares of the company’s stock after selling 58,255 shares during the quarter. Fidelity Total Bond ETF makes up 2.1% of Split Rock Private Trading & Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. Split Rock Private Trading & Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $3,099,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of FBND. Centerline Wealth Advisors LLC increased its holdings in shares of Fidelity Total Bond ETF by 30.0% in the 3rd quarter. Centerline Wealth Advisors LLC now owns 260,669 shares of the company’s stock valued at $11,287,000 after purchasing an additional 60,129 shares during the period. Fortitude Advisory Group L.L.C. grew its position in Fidelity Total Bond ETF by 7.0% during the third quarter. Fortitude Advisory Group L.L.C. now owns 14,312 shares of the company’s stock valued at $620,000 after purchasing an additional 935 shares in the last quarter. RDA Financial Network grew its position in Fidelity Total Bond ETF by 0.8% during the third quarter. RDA Financial Network now owns 129,794 shares of the company’s stock valued at $5,620,000 after purchasing an additional 1,005 shares in the last quarter. KG Capital Management increased its stake in Fidelity Total Bond ETF by 3.5% in the 3rd quarter. KG Capital Management now owns 94,948 shares of the company’s stock valued at $4,111,000 after buying an additional 3,231 shares during the period. Finally, Triangle Securities Wealth Management increased its stake in Fidelity Total Bond ETF by 118.7% in the 3rd quarter. Triangle Securities Wealth Management now owns 247,442 shares of the company’s stock valued at $10,714,000 after buying an additional 134,274 shares during the period.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $43.83 on Friday. Fidelity Total Bond ETF has a twelve month low of $43.11 and a twelve month high of $46.86. The firm has a market cap of $28.26 billion, a PE ratio of 8.94 and a beta of 0.28. The firm’s 50 day moving average price is $44.30 and its two-hundred day moving average price is $45.06.

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.