Insight Wealth Partners LLC Sells 57,170 Shares of Fidelity Total Bond ETF $FBND

Insight Wealth Partners LLC decreased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 22.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 195,769 shares of the company’s stock after selling 57,170 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 1.2% of Insight Wealth Partners LLC’s holdings, making the stock its 7th largest position. Insight Wealth Partners LLC’s holdings in Fidelity Total Bond ETF were worth $8,906,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Signature Equity Partners LLC lifted its position in Fidelity Total Bond ETF by 5.4% in the first quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock worth $216,000 after purchasing an additional 244 shares during the period. Insight Advisors LLC PA boosted its holdings in Fidelity Total Bond ETF by 1.6% during the first quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock worth $821,000 after buying an additional 291 shares in the last quarter. Keystone Financial Group grew its position in Fidelity Total Bond ETF by 3.1% in the third quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock worth $477,000 after buying an additional 315 shares during the last quarter. Archer Investment Corp grew its position in Fidelity Total Bond ETF by 17.2% in the first quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock worth $101,000 after buying an additional 325 shares during the last quarter. Finally, Breakwater Capital Group increased its holdings in shares of Fidelity Total Bond ETF by 3.4% in the second quarter. Breakwater Capital Group now owns 9,876 shares of the company’s stock valued at $449,000 after buying an additional 327 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $44.67 on Wednesday. Fidelity Total Bond ETF has a one year low of $44.59 and a one year high of $46.86. The stock has a fifty day moving average of $45.02 and a 200-day moving average of $45.50. The company has a market capitalization of $27.06 billion, a PE ratio of 8.94 and a beta of 0.27.

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.