IRON Financial LLC Cuts Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

IRON Financial LLC lessened its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.0% during the 3rd quarter, Holdings Channel reports. The firm owned 47,574 shares of the company’s stock after selling 951 shares during the quarter. Fidelity Total Bond ETF comprises 1.2% of IRON Financial LLC’s investment portfolio, making the stock its 18th biggest holding. IRON Financial LLC’s holdings in Fidelity Total Bond ETF were worth $2,224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Peterson Wealth Advisors LLC raised its position in shares of Fidelity Total Bond ETF by 0.8% in the third quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock valued at $1,467,000 after buying an additional 246 shares during the last quarter. Capital CS Group LLC raised its holdings in Fidelity Total Bond ETF by 5.1% in the 2nd quarter. Capital CS Group LLC now owns 6,027 shares of the company’s stock valued at $271,000 after acquiring an additional 294 shares during the last quarter. Regatta Capital Group LLC lifted its stake in shares of Fidelity Total Bond ETF by 2.3% during the 3rd quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock worth $641,000 after purchasing an additional 304 shares during the period. Capital Planning LLC boosted its holdings in shares of Fidelity Total Bond ETF by 0.9% during the second quarter. Capital Planning LLC now owns 45,501 shares of the company’s stock worth $2,053,000 after purchasing an additional 388 shares during the last quarter. Finally, FinTrust Capital Advisors LLC grew its position in shares of Fidelity Total Bond ETF by 7.5% in the first quarter. FinTrust Capital Advisors LLC now owns 5,675 shares of the company’s stock valued at $257,000 after purchasing an additional 394 shares during the period.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock traded down $0.06 during trading on Thursday, hitting $45.50. The company’s stock had a trading volume of 1,177,850 shares, compared to its average volume of 1,583,578. The stock’s fifty day moving average is $46.49 and its 200 day moving average is $45.65. Fidelity Total Bond ETF has a 1-year low of $42.65 and a 1-year high of $47.30. The stock has a market capitalization of $9.08 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

Fidelity Total Bond ETF Company 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.