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

Daymark Wealth Partners LLC lessened its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,296 shares of the company’s stock after selling 394 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Fidelity Total Bond ETF were worth $238,000 at the end of the most recent reporting period.

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

Fidelity Total Bond ETF Stock Performance

FBND opened at $45.01 on Friday. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30. The business’s 50 day moving average price is $45.26 and its 200 day moving average price is $45.84. The stock has a market capitalization of $8.98 billion, a PE ratio of 8.85 and a beta of 0.19.

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.