Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Position Lessened by WealthCare Investment Partners LLC

WealthCare Investment Partners LLC lessened its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 177,527 shares of the company’s stock after selling 3,617 shares during the quarter. Fidelity Total Bond ETF makes up 4.4% of WealthCare Investment Partners LLC’s investment portfolio, making the stock its 3rd largest holding. WealthCare Investment Partners LLC owned approximately 0.19% of Fidelity Total Bond ETF worth $8,102,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Management Professionals Inc. purchased a new stake in Fidelity Total Bond ETF during the 4th quarter worth about $25,000. NBC Securities Inc. purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter worth about $27,000. Activest Wealth Management purchased a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at about $44,000. Money Concepts Capital Corp purchased a new position in shares of Fidelity Total Bond ETF in the 4th quarter valued at about $46,000. Finally, Retirement Group LLC purchased a new position in shares of Fidelity Total Bond ETF in the 2nd quarter valued at about $50,000.

Fidelity Total Bond ETF Trading Up 0.3 %

Shares of NYSEARCA FBND traded up $0.14 during trading hours on Wednesday, reaching $45.35. The stock had a trading volume of 767,723 shares, compared to its average volume of 1,013,675. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of 12.64 and a beta of 0.17. Fidelity Total Bond ETF has a fifty-two week low of $42.45 and a fifty-two week high of $46.53. The firm has a 50-day moving average of $45.31 and a 200-day moving average of $44.70.

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.