Wheelhouse Advisory Group LLC Sells 340 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Wheelhouse Advisory Group LLC decreased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,279 shares of the company’s stock after selling 340 shares during the period. Wheelhouse Advisory Group LLC’s holdings in Fidelity Total Bond ETF were worth $461,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of FBND. Rockefeller Capital Management L.P. grew its position in Fidelity Total Bond ETF by 3.1% during the third quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock valued at $1,869,000 after buying an additional 1,188 shares during the period. Marshall Financial Group LLC purchased a new stake in shares of Fidelity Total Bond ETF during the third quarter worth about $843,000. Arete Wealth Advisors LLC raised its holdings in shares of Fidelity Total Bond ETF by 78.3% during the third quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock valued at $20,923,000 after acquiring an additional 196,783 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Fidelity Total Bond ETF by 31.7% in the 2nd quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock worth $71,519,000 after purchasing an additional 383,302 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Fidelity Total Bond ETF by 11.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after acquiring an additional 520,113 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $45.01 on Friday. The company has a 50 day simple moving average of $45.26 and a two-hundred day simple moving average of $45.84. The company has a market capitalization of $8.98 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30.

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.