Nwam LLC Sells 15,453 Shares of Fidelity Total Bond ETF $FBND

Nwam LLC lessened its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 22.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,154 shares of the company’s stock after selling 15,453 shares during the quarter. Nwam LLC’s holdings in Fidelity Total Bond ETF were worth $2,410,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Advisor OS LLC lifted its holdings in shares of Fidelity Total Bond ETF by 21.4% in the 4th quarter. Advisor OS LLC now owns 88,000 shares of the company’s stock worth $4,052,000 after acquiring an additional 15,508 shares during the last quarter. Dogwood Wealth Management LLC increased its stake in Fidelity Total Bond ETF by 15.9% in the 4th quarter. Dogwood Wealth Management LLC now owns 375,669 shares of the company’s stock worth $17,396,000 after buying an additional 51,459 shares during the period. NewEdge Wealth LLC increased its stake in Fidelity Total Bond ETF by 37.0% in the 4th quarter. NewEdge Wealth LLC now owns 136,201 shares of the company’s stock worth $6,271,000 after buying an additional 36,761 shares during the period. Indie Asset Partners LLC increased its stake in Fidelity Total Bond ETF by 26.4% in the 4th quarter. Indie Asset Partners LLC now owns 20,786 shares of the company’s stock worth $957,000 after buying an additional 4,341 shares during the period. Finally, CGC Financial Services LLC increased its stake in Fidelity Total Bond ETF by 15.9% in the 4th quarter. CGC Financial Services LLC now owns 7,218 shares of the company’s stock worth $332,000 after buying an additional 992 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $45.75 on Monday. The firm has a market cap of $25.63 billion, a PE ratio of 8.94 and a beta of 0.28. The firm’s 50 day simple moving average is $45.89 and its 200-day simple moving average is $46.17. Fidelity Total Bond ETF has a one year low of $44.73 and a one year high of $46.86.

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.