CFO4Life Group LLC Sells 2,069 Shares of Fidelity Total Bond ETF $FBND

CFO4Life Group LLC reduced its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 113,616 shares of the company’s stock after selling 2,069 shares during the period. CFO4Life Group LLC’s holdings in Fidelity Total Bond ETF were worth $5,198,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of FBND. Family Capital Management Inc. boosted its stake in shares of Fidelity Total Bond ETF by 3.1% during the second quarter. Family Capital Management Inc. now owns 73,066 shares of the company’s stock valued at $3,343,000 after purchasing an additional 2,163 shares during the period. Tritonpoint Wealth LLC lifted its holdings in Fidelity Total Bond ETF by 2.2% during the 2nd quarter. Tritonpoint Wealth LLC now owns 56,926 shares of the company’s stock valued at $2,614,000 after buying an additional 1,239 shares in the last quarter. Beacon Capital Management LLC boosted its position in Fidelity Total Bond ETF by 84.6% in the 2nd quarter. Beacon Capital Management LLC now owns 4,549 shares of the company’s stock valued at $208,000 after buying an additional 2,085 shares during the period. Diversified Trust Co purchased a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at about $427,000. Finally, Tsfg LLC grew its stake in Fidelity Total Bond ETF by 18,517.7% in the 2nd quarter. Tsfg LLC now owns 116,547 shares of the company’s stock worth $5,332,000 after acquiring an additional 115,921 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $46.25 on Friday. The firm’s 50 day simple moving average is $46.47 and its 200-day simple moving average is $45.84. Fidelity Total Bond ETF has a one year low of $44.30 and a one year high of $46.86. The firm has a market cap of $22.10 billion, a PE ratio of 8.94 and a beta of 0.28.

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.