Strategic Blueprint LLC Trims Holdings in Fidelity Total Bond ETF $FBND

Strategic Blueprint LLC trimmed its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 51.6% during the third quarter, HoldingsChannel.com reports. The firm owned 54,021 shares of the company’s stock after selling 57,560 shares during the quarter. Strategic Blueprint LLC’s holdings in Fidelity Total Bond ETF were worth $2,498,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in FBND. McGlone Suttner Wealth Management Inc. lifted its holdings in shares of Fidelity Total Bond ETF by 2.2% in the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 986,032 shares of the company’s stock worth $45,594,000 after acquiring an additional 21,091 shares during the last quarter. Family Capital Management Inc. lifted its stake in Fidelity Total Bond ETF by 3.1% in the second quarter. Family Capital Management Inc. now owns 73,066 shares of the company’s stock worth $3,343,000 after purchasing an additional 2,163 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its position in Fidelity Total Bond ETF by 4.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 988,443 shares of the company’s stock valued at $45,706,000 after buying an additional 42,304 shares during the period. Weatherly Asset Management L. P. grew its stake in shares of Fidelity Total Bond ETF by 8.6% during the third quarter. Weatherly Asset Management L. P. now owns 840,368 shares of the company’s stock valued at $38,980,000 after buying an additional 66,885 shares during the last quarter. Finally, Beta Wealth Group Inc. grew its stake in shares of Fidelity Total Bond ETF by 3.6% during the second quarter. Beta Wealth Group Inc. now owns 62,337 shares of the company’s stock valued at $2,852,000 after buying an additional 2,195 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.1%

NYSEARCA FBND opened at $46.18 on Thursday. The firm has a market cap of $23.54 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.86. The stock has a 50-day moving average of $46.31 and a 200-day moving average of $46.14.

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.