Fidelity Total Bond ETF $FBND Stock Holdings Lessened by Bay Capital Advisors LLC

Bay Capital Advisors LLC reduced its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 69.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,045 shares of the company’s stock after selling 13,488 shares during the quarter. Bay Capital Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $280,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in FBND. Fifth Third Bancorp purchased a new stake in Fidelity Total Bond ETF in the 2nd quarter worth approximately $27,000. Caldwell Trust Co acquired a new position in shares of Fidelity Total Bond ETF in the second quarter worth $34,000. Maryland Capital Advisors Inc. increased its stake in shares of Fidelity Total Bond ETF by 378.5% in the third quarter. Maryland Capital Advisors Inc. now owns 823 shares of the company’s stock worth $38,000 after acquiring an additional 651 shares during the last quarter. Brown Lisle Cummings Inc. purchased a new stake in shares of Fidelity Total Bond ETF during the second quarter worth $38,000. Finally, Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF during the second quarter valued at $49,000.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA FBND opened at $46.04 on Friday. Fidelity Total Bond ETF has a one year low of $44.30 and a one year high of $46.86. The business’s 50-day moving average price is $46.36 and its two-hundred day moving average price is $46.11. The company has a market capitalization of $22.00 billion, a P/E ratio of 8.94 and a beta of 0.28.

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.