Capital Square LLC Sells 1,696 Shares of Fidelity Total Bond ETF $FBND

Capital Square LLC reduced its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,986 shares of the company’s stock after selling 1,696 shares during the period. Capital Square LLC’s holdings in Fidelity Total Bond ETF were worth $772,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its stake in Fidelity Total Bond ETF by 10.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 81,162,777 shares of the company’s stock valued at $3,705,081,000 after acquiring an additional 7,778,802 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity Total Bond ETF by 42.2% during the 1st quarter. JPMorgan Chase & Co. now owns 10,231,902 shares of the company’s stock valued at $467,086,000 after purchasing an additional 3,037,583 shares during the last quarter. Ritholtz Wealth Management lifted its holdings in shares of Fidelity Total Bond ETF by 64.3% during the 2nd quarter. Ritholtz Wealth Management now owns 3,610,928 shares of the company’s stock valued at $165,200,000 after purchasing an additional 1,412,766 shares during the last quarter. Jane Street Group LLC boosted its position in shares of Fidelity Total Bond ETF by 8,037.4% in the 1st quarter. Jane Street Group LLC now owns 1,260,488 shares of the company’s stock worth $57,541,000 after purchasing an additional 1,244,998 shares in the last quarter. Finally, Prudent Investors Network Inc. purchased a new position in Fidelity Total Bond ETF during the 1st quarter worth $41,459,000.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $46.25 on Monday. The business’s 50-day moving average is $46.47 and its 200 day moving average is $45.85. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $46.86. The firm has a market capitalization of $22.10 billion, a P/E ratio of 8.94 and a beta of 0.28.

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.