Certified Advisory Corp Sells 12,265 Shares of Fidelity Total Bond ETF $FBND

Certified Advisory Corp lessened its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 58.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,666 shares of the company’s stock after selling 12,265 shares during the quarter. Certified Advisory Corp’s holdings in Fidelity Total Bond ETF were worth $375,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of America Corp DE increased its position in shares of Fidelity Total Bond ETF by 6.3% in the 1st quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock valued at $670,926,000 after acquiring an additional 871,672 shares during the period. Envestnet Asset Management Inc. raised its stake in Fidelity Total Bond ETF by 7.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock worth $366,632,000 after acquiring an additional 587,351 shares during the last quarter. Cetera Investment Advisers lifted its position in Fidelity Total Bond ETF by 15.9% during the 1st quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock worth $310,268,000 after acquiring an additional 930,834 shares during the period. Sax Wealth Advisors LLC lifted its position in Fidelity Total Bond ETF by 49.8% during the 3rd quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock worth $291,320,000 after acquiring an additional 2,236,473 shares during the period. Finally, Legacy Wealth Management LLC lifted its position in Fidelity Total Bond ETF by 57.0% during the 2nd quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock worth $249,987,000 after acquiring an additional 1,995,732 shares during the period.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $44.08 on Wednesday. The business’s 50-day simple moving average is $44.05 and its two-hundred day simple moving average is $45.25. The company has a market cap of $28.42 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a fifty-two week low of $43.11 and a fifty-two week high of $46.78.

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.