Breakwater Capital Group lowered its stake in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 9.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 9,870 shares of the company’s stock after selling 1,018 shares during the period. Breakwater Capital Group’s holdings in Fidelity Total Bond ETF were worth $443,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mark Sheptoff Financial Planning LLC bought a new stake in shares of Fidelity Total Bond ETF during the third quarter worth approximately $25,000. Northwest Investment Counselors LLC bought a new position in shares of Fidelity Total Bond ETF during the third quarter worth approximately $30,000. Highline Wealth Partners LLC acquired a new stake in Fidelity Total Bond ETF during the 3rd quarter worth approximately $47,000. Darwin Wealth Management LLC bought a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at $54,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in Fidelity Total Bond ETF in the 3rd quarter valued at $87,000.
Fidelity Total Bond ETF Price Performance
FBND stock opened at $44.43 on Wednesday. The business’s fifty day moving average price is $45.33 and its two-hundred day moving average price is $45.86. The stock has a market capitalization of $8.87 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.
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