282,580 Fidelity Total Bond ETF $FBND Shares Sold by Wealth Management Resources Inc.

Wealth Management Resources Inc. reduced its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 29.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 678,272 shares of the company’s stock after selling 282,580 shares during the quarter. Fidelity Total Bond ETF makes up about 9.1% of Wealth Management Resources Inc.’s holdings, making the stock its 3rd largest position. Wealth Management Resources Inc. owned about 0.11% of Fidelity Total Bond ETF worth $29,369,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Benchmark Financial Wealth Advisors LLC grew its stake in Fidelity Total Bond ETF by 138.8% in the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 72,006 shares of the company’s stock valued at $3,118,000 after purchasing an additional 41,847 shares during the period. Sentinel Advisory Group LLC raised its stake in Fidelity Total Bond ETF by 1.5% in the 3rd quarter. Sentinel Advisory Group LLC now owns 166,169 shares of the company’s stock valued at $7,195,000 after acquiring an additional 2,525 shares during the period. Lakeshore Capital Group Inc. raised its position in shares of Fidelity Total Bond ETF by 20.1% in the third quarter. Lakeshore Capital Group Inc. now owns 37,494 shares of the company’s stock valued at $1,624,000 after purchasing an additional 6,285 shares during the period. Prime Capital Investment Advisors LLC lifted its position in shares of Fidelity Total Bond ETF by 4.5% during the third quarter. Prime Capital Investment Advisors LLC now owns 440,074 shares of the company’s stock worth $19,055,000 after acquiring an additional 19,106 shares in the last quarter. Finally, tru Independence LLC lifted its holdings in Fidelity Total Bond ETF by 4.5% during the 3rd quarter. tru Independence LLC now owns 455,303 shares of the company’s stock worth $19,715,000 after purchasing an additional 19,576 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.2%

FBND stock opened at $43.76 on Wednesday. The firm has a 50 day moving average of $44.23 and a 200-day moving average of $45.02. Fidelity Total Bond ETF has a 12 month low of $43.11 and a 12 month high of $46.86. The firm has a market capitalization of $28.21 billion, a P/E ratio of 8.94 and a beta of 0.28.

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.