Advisory Services Network LLC Trims Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Advisory Services Network LLC reduced its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBNDGet Rating) by 4.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,809 shares of the company’s stock after selling 4,086 shares during the period. Advisory Services Network LLC owned about 0.19% of Fidelity Total Bond ETF worth $4,569,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SRS Capital Advisors Inc. increased its stake in shares of Fidelity Total Bond ETF by 18.5% in the first quarter. SRS Capital Advisors Inc. now owns 1,496 shares of the company’s stock worth $74,000 after purchasing an additional 234 shares in the last quarter. Koshinski Asset Management Inc. purchased a new stake in shares of Fidelity Total Bond ETF in the first quarter worth $95,000. O Dell Group LLC purchased a new stake in shares of Fidelity Total Bond ETF in the first quarter worth $96,000. BNP Paribas Arbitrage SA purchased a new stake in shares of Fidelity Total Bond ETF in the fourth quarter worth $105,000. Finally, Rockefeller Capital Management L.P. increased its stake in shares of Fidelity Total Bond ETF by 1,345.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,299 shares of the company’s stock worth $121,000 after purchasing an additional 2,140 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $45.90 on Friday. The firm has a fifty day moving average price of $47.06 and a 200 day moving average price of $47.83. Fidelity Total Bond ETF has a fifty-two week low of $45.68 and a fifty-two week high of $53.83.

See Also

Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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