Fidelity Total Bond ETF $FBND Stock Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. trimmed its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 30.5% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 161,019 shares of the company’s stock after selling 70,611 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Fidelity Total Bond ETF were worth $6,983,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of FBND. Bank of America Corp DE increased its position in shares of Fidelity Total Bond ETF by 6.3% in the first quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock worth $670,926,000 after purchasing an additional 871,672 shares during the period. Envestnet Asset Management Inc. raised its stake in Fidelity Total Bond ETF by 7.9% in the second quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock valued at $366,632,000 after purchasing an additional 587,351 shares in the last quarter. Cetera Investment Advisers raised its stake in Fidelity Total Bond ETF by 15.9% in the first quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock valued at $310,268,000 after purchasing an additional 930,834 shares in the last quarter. Sax Wealth Advisors LLC lifted its position in Fidelity Total Bond ETF by 49.8% during the third quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock worth $291,320,000 after purchasing an additional 2,236,473 shares during the period. Finally, Legacy Wealth Management LLC lifted its position in Fidelity Total Bond ETF by 57.0% during the second quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock worth $249,987,000 after purchasing an additional 1,995,732 shares during the period.

Fidelity Total Bond ETF Stock Down 0.3%

Shares of Fidelity Total Bond ETF stock opened at $43.68 on Tuesday. The company has a market capitalization of $28.16 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12-month low of $43.11 and a 12-month high of $46.86. The firm’s 50-day moving average price is $44.25 and its two-hundred day moving average price is $45.03.

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.