Traynor Capital Management Inc. trimmed its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 14.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,615 shares of the company’s stock after selling 1,834 shares during the quarter. Traynor Capital Management Inc.’s holdings in Fidelity Total Bond ETF were worth $476,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at approximately $25,000. Northwest Investment Counselors LLC bought a new position in shares of Fidelity Total Bond ETF during the third quarter valued at approximately $30,000. Highline Wealth Partners LLC purchased a new position in Fidelity Total Bond ETF during the third quarter valued at approximately $47,000. Darwin Wealth Management LLC purchased a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at $54,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth $87,000.
Fidelity Total Bond ETF Price Performance
FBND opened at $44.99 on Thursday. The firm has a market capitalization of $8.98 billion, a PE ratio of 8.85 and a beta of 0.19. The business’s 50-day moving average is $45.28 and its two-hundred day moving average is $45.85. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30.
Fidelity Total Bond ETF Company 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.
Recommended Stories
- Five stocks we like better than Fidelity Total Bond ETF
- How Investors Can Find the Best Cheap Dividend Stocks
- 2 ETFs to Maximize Gains With Covered Call Strategies
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- 3 Small-Cap Stocks Insiders and Institutions Are Buying
- How to Short a Stock in 5 Easy Steps
- MaxCyte: Building the Future of Cell and Gene Therapy Innovation
Want to see what other hedge funds are holding FBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report).
Receive News & Ratings for Fidelity Total Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Total Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
