CreativeOne Wealth LLC Has $854,000 Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

CreativeOne Wealth LLC lowered its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 20.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 18,273 shares of the company’s stock after selling 4,608 shares during the period. CreativeOne Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $854,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Northwest Investment Counselors LLC acquired a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth $30,000. Transcendent Capital Group LLC bought a new position in Fidelity Total Bond ETF during the second quarter valued at about $32,000. Highline Wealth Partners LLC acquired a new stake in shares of Fidelity Total Bond ETF in the third quarter worth about $47,000. Strategic Financial Concepts LLC bought a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter worth about $49,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF during the 3rd quarter valued at about $54,000.

Fidelity Total Bond ETF Stock Performance

FBND opened at $45.91 on Friday. The firm has a market cap of $9.16 billion, a P/E ratio of 8.85 and a beta of 0.19. The business has a 50 day moving average price of $45.93 and a 200 day moving average price of $45.82. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30.

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.