United Advisor Group LLC Sells 223 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

United Advisor Group LLC trimmed its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,007 shares of the company’s stock after selling 223 shares during the quarter. United Advisor Group LLC’s holdings in Fidelity Total Bond ETF were worth $561,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Northwest Investment Counselors LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter valued at $30,000. Transcendent Capital Group LLC purchased a new stake in Fidelity Total Bond ETF during the second quarter worth about $32,000. Highline Wealth Partners LLC bought a new stake in Fidelity Total Bond ETF in the third quarter worth about $47,000. Bell Investment Advisors Inc purchased a new position in Fidelity Total Bond ETF in the second quarter valued at about $55,000. Finally, Cullen Frost Bankers Inc. boosted its stake in Fidelity Total Bond ETF by 2,468.3% in the second quarter. Cullen Frost Bankers Inc. now owns 1,618 shares of the company’s stock valued at $73,000 after acquiring an additional 1,555 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.2 %

Shares of FBND stock opened at $45.61 on Wednesday. The firm has a market cap of $9.10 billion, a P/E ratio of 8.85 and a beta of 0.19. The company has a 50 day moving average of $46.40 and a 200-day moving average of $45.69. Fidelity Total Bond ETF has a 12-month low of $43.34 and a 12-month 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.