WealthCare Investment Partners LLC Has $8.81 Million Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

WealthCare Investment Partners LLC lessened its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 196,108 shares of the company’s stock after selling 26,190 shares during the period. Fidelity Total Bond ETF makes up approximately 3.8% of WealthCare Investment Partners LLC’s investment portfolio, making the stock its 3rd largest position. WealthCare Investment Partners LLC owned about 0.10% of Fidelity Total Bond ETF worth $8,809,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans raised its position in shares of Fidelity Total Bond ETF by 85.1% in the third quarter. Thrivent Financial for Lutherans now owns 2,159,030 shares of the company’s stock valued at $100,976,000 after buying an additional 992,739 shares in the last quarter. Aptus Capital Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at approximately $40,718,000. Valeo Financial Advisors LLC raised its position in shares of Fidelity Total Bond ETF by 322.9% in the fourth quarter. Valeo Financial Advisors LLC now owns 942,475 shares of the company’s stock valued at $42,289,000 after buying an additional 719,592 shares in the last quarter. Sax Wealth Advisors LLC raised its position in shares of Fidelity Total Bond ETF by 94.0% in the fourth quarter. Sax Wealth Advisors LLC now owns 1,394,635 shares of the company’s stock valued at $62,577,000 after buying an additional 675,795 shares in the last quarter. Finally, OLIO Financial Planning raised its position in shares of Fidelity Total Bond ETF by 584.5% in the fourth quarter. OLIO Financial Planning now owns 765,888 shares of the company’s stock valued at $34,365,000 after buying an additional 653,991 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of FBND opened at $45.20 on Thursday. The firm has a 50 day simple moving average of $45.05 and a two-hundred day simple moving average of $45.79. The company has a market cap of $9.02 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30.

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.