Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC lessened its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 1.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,363 shares of the company’s stock after selling 600 shares during the period. Orion Portfolio Solutions LLC’s holdings in Fidelity Total Bond ETF were worth $1,751,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FBND. JPMorgan Chase & Co. grew its stake in shares of Fidelity Total Bond ETF by 2,874.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock worth $130,996,000 after purchasing an additional 2,906,069 shares during the period. FMR LLC grew its position in Fidelity Total Bond ETF by 26,366.0% during the third quarter. FMR LLC now owns 2,086,842 shares of the company’s stock worth $90,903,000 after buying an additional 2,078,957 shares during the period. Harbor Group Inc. lifted its position in shares of Fidelity Total Bond ETF by 9,428.8% during the 4th quarter. Harbor Group Inc. now owns 756,489 shares of the company’s stock valued at $34,829,000 after acquiring an additional 748,550 shares during the period. Sherrill & Hutchins Financial Advisory Inc purchased a new stake in shares of Fidelity Total Bond ETF during the 4th quarter worth approximately $33,506,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Fidelity Total Bond ETF by 83.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,536,701 shares of the company’s stock worth $70,750,000 after acquiring an additional 697,993 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of FBND stock opened at $44.70 on Friday. Fidelity Total Bond ETF has a 1 year low of $42.45 and a 1 year high of $46.21. The stock has a fifty day moving average price of $44.69 and a 200 day moving average price of $45.08. The stock has a market cap of $8.92 billion, a PE ratio of 8.85 and a beta of 0.19.

About Fidelity Total Bond ETF

(Free Report)

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

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