Jane Street Group LLC Has $695,000 Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Jane Street Group LLC trimmed its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 97.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,490 shares of the company’s stock after selling 737,604 shares during the quarter. Jane Street Group LLC’s holdings in Fidelity Total Bond ETF were worth $695,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in shares of Fidelity Total Bond ETF by 11.2% in the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after buying an additional 520,113 shares during the last quarter. Centerline Wealth Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF in the fourth quarter worth $15,492,000. Steward Partners Investment Advisory LLC lifted its stake in shares of Fidelity Total Bond ETF by 367.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 16,438 shares of the company’s stock worth $738,000 after buying an additional 12,922 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Fidelity Total Bond ETF by 15.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 206,062 shares of the company’s stock worth $9,246,000 after buying an additional 27,243 shares during the last quarter. Finally, HUB Investment Partners LLC lifted its stake in shares of Fidelity Total Bond ETF by 11.2% in the fourth quarter. HUB Investment Partners LLC now owns 1,016,093 shares of the company’s stock worth $45,592,000 after buying an additional 102,233 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.2%

Shares of Fidelity Total Bond ETF stock opened at $44.98 on Monday. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $47.30. The firm has a fifty day simple moving average of $45.28 and a 200-day simple moving average of $45.31. The stock has a market capitalization of $18.21 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.

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.