CPA Asset Management Group LLC Sells 142,016 Shares of Fidelity Total Bond ETF $FBND

CPA Asset Management Group LLC cut its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 21.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 508,821 shares of the company’s stock after selling 142,016 shares during the period. Fidelity Total Bond ETF makes up 6.7% of CPA Asset Management Group LLC’s investment portfolio, making the stock its 3rd biggest holding. CPA Asset Management Group LLC’s holdings in Fidelity Total Bond ETF were worth $23,146,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the company. Barry Investment Advisors LLC lifted its position in Fidelity Total Bond ETF by 36.7% in the second quarter. Barry Investment Advisors LLC now owns 175,149 shares of the company’s stock valued at $7,997,000 after purchasing an additional 47,024 shares during the period. World Equity Group Inc. boosted its position in Fidelity Total Bond ETF by 9.2% during the second quarter. World Equity Group Inc. now owns 19,037 shares of the company’s stock worth $866,000 after purchasing an additional 1,603 shares in the last quarter. Professional Financial Advisors LLC boosted its position in shares of Fidelity Total Bond ETF by 6.2% in the 2nd quarter. Professional Financial Advisors LLC now owns 60,375 shares of the company’s stock worth $2,746,000 after buying an additional 3,544 shares in the last quarter. Legacy Wealth Management LLC grew its position in shares of Fidelity Total Bond ETF by 57.0% in the second quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock valued at $249,987,000 after purchasing an additional 1,995,732 shares during the last quarter. Finally, Capital Wealth Management LLC increased its position in Fidelity Total Bond ETF by 6.1% during the second quarter. Capital Wealth Management LLC now owns 663,628 shares of the company’s stock worth $30,188,000 after buying an additional 38,115 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $45.00 on Monday. The stock has a market cap of $27.26 billion, a PE ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 52 week low of $44.65 and a 52 week high of $46.86. The stock has a 50-day moving average price of $45.31 and a 200 day moving average price of $45.70.

About Fidelity Total Bond ETF

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.