Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Sold by Unique Wealth LLC

Unique Wealth LLC decreased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 22.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,073 shares of the company’s stock after selling 10,840 shares during the period. Unique Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $1,663,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC acquired a new position in Fidelity Total Bond ETF during the 3rd quarter valued at about $25,000. Northwest Investment Counselors LLC bought a new position in shares of Fidelity Total Bond ETF in the third quarter valued at approximately $30,000. Highline Wealth Partners LLC acquired a new position in shares of Fidelity Total Bond ETF during the third quarter valued at approximately $47,000. Darwin Wealth Management LLC bought a new stake in Fidelity Total Bond ETF during the third quarter worth approximately $54,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Fidelity Total Bond ETF in the third quarter worth approximately $87,000.

Fidelity Total Bond ETF Stock Performance

Shares of FBND stock opened at $44.41 on Tuesday. The stock has a market cap of $8.86 billion, a PE ratio of 8.85 and a beta of 0.19. The business’s fifty day moving average is $45.36 and its 200-day moving average is $45.86. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30.

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.