Twin Peaks Wealth Advisors LLC Lowers Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Twin Peaks Wealth Advisors LLC trimmed its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 14.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,343 shares of the company’s stock after selling 4,661 shares during the quarter. Twin Peaks Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $1,231,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC grew its holdings in Fidelity Total Bond ETF by 367.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 16,438 shares of the company’s stock valued at $738,000 after purchasing an additional 12,922 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in Fidelity Total Bond ETF by 15.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 206,062 shares of the company’s stock valued at $9,246,000 after purchasing an additional 27,243 shares during the period. HUB Investment Partners LLC grew its holdings in Fidelity Total Bond ETF by 11.2% in the fourth quarter. HUB Investment Partners LLC now owns 1,016,093 shares of the company’s stock valued at $45,592,000 after purchasing an additional 102,233 shares during the period. Curtis Advisory Group LLC grew its holdings in Fidelity Total Bond ETF by 131.5% in the fourth quarter. Curtis Advisory Group LLC now owns 23,065 shares of the company’s stock valued at $1,035,000 after purchasing an additional 13,100 shares during the period. Finally, Pittenger & Anderson Inc. lifted its position in Fidelity Total Bond ETF by 21.0% during the fourth quarter. Pittenger & Anderson Inc. now owns 31,180 shares of the company’s stock valued at $1,399,000 after buying an additional 5,403 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.3%

Shares of FBND stock opened at $45.49 on Friday. The stock has a market cap of $18.76 billion, a price-to-earnings ratio of 8.94 and a beta of 0.26. Fidelity Total Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $47.30. The firm’s 50 day moving average price is $45.14 and its two-hundred day moving average price is $45.29.

Fidelity Total Bond ETF 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.