Crane Advisory LLC Reduces Holdings in Fidelity Total Bond ETF $FBND

Crane Advisory LLC lessened its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 520,833 shares of the company’s stock after selling 17,394 shares during the period. Fidelity Total Bond ETF comprises 3.9% of Crane Advisory LLC’s investment portfolio, making the stock its 9th biggest holding. Crane Advisory LLC owned 0.12% of Fidelity Total Bond ETF worth $23,656,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. First Pacific Financial purchased a new stake in shares of Fidelity Total Bond ETF during the 1st quarter worth approximately $25,000. Fifth Third Bancorp purchased a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter valued at $27,000. NBC Securities Inc. purchased a new stake in shares of Fidelity Total Bond ETF during the 1st quarter valued at $28,000. Tsfg LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 1st quarter valued at $29,000. Finally, Sound Income Strategies LLC raised its position in Fidelity Total Bond ETF by 63.1% in the 1st quarter. Sound Income Strategies LLC now owns 791 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares during the period.

Fidelity Total Bond ETF Stock Down 0.1%

Shares of NYSEARCA:FBND opened at $46.28 on Friday. The stock has a market cap of $20.01 billion, a PE ratio of 8.94 and a beta of 0.17. The company’s fifty day moving average is $46.01 and its 200 day moving average is $45.57. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.95.

Fidelity Total Bond ETF Company Profile

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.