Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Sold by Sard Wealth Management Group LLC

Sard Wealth Management Group LLC trimmed its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 488,984 shares of the company’s stock after selling 988 shares during the quarter. Fidelity Total Bond ETF makes up 14.7% of Sard Wealth Management Group LLC’s portfolio, making the stock its 2nd biggest holding. Sard Wealth Management Group LLC owned 0.25% of Fidelity Total Bond ETF worth $21,941,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Peterson Wealth Advisors LLC grew its holdings in shares of Fidelity Total Bond ETF by 0.8% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock worth $1,467,000 after purchasing an additional 246 shares during the period. Regatta Capital Group LLC boosted its holdings in Fidelity Total Bond ETF by 2.3% in the third quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock valued at $641,000 after purchasing an additional 304 shares during the last quarter. AE Wealth Management LLC grew its position in shares of Fidelity Total Bond ETF by 4.7% during the second quarter. AE Wealth Management LLC now owns 10,296 shares of the company’s stock worth $463,000 after buying an additional 459 shares in the last quarter. Mark Sheptoff Financial Planning LLC bought a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter worth about $25,000. Finally, One Plus One Wealth Management LLC increased its holdings in Fidelity Total Bond ETF by 3.1% in the third quarter. One Plus One Wealth Management LLC now owns 17,636 shares of the company’s stock valued at $824,000 after buying an additional 538 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $44.93 on Friday. The company has a market cap of $8.97 billion, a P/E ratio of 8.85 and a beta of 0.19. The firm’s 50-day moving average is $45.31 and its 200-day moving average is $45.84. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year 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.