Fermata Advisors LLC Reduces Stock Holdings in Fidelity Total Bond ETF $FBND

Fermata Advisors LLC reduced its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 84.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,429 shares of the company’s stock after selling 35,048 shares during the period. Fermata Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $297,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of FBND. Genesis Private Wealth LLC increased its holdings in shares of Fidelity Total Bond ETF by 4.0% during the 3rd quarter. Genesis Private Wealth LLC now owns 289,359 shares of the company’s stock worth $13,380,000 after buying an additional 11,231 shares during the last quarter. Rise Advisors LLC lifted its holdings in Fidelity Total Bond ETF by 918.6% in the third quarter. Rise Advisors LLC now owns 311,631 shares of the company’s stock valued at $14,410,000 after acquiring an additional 281,038 shares during the last quarter. Fiduciary Alliance LLC grew its position in Fidelity Total Bond ETF by 2.1% in the third quarter. Fiduciary Alliance LLC now owns 73,983 shares of the company’s stock worth $3,421,000 after acquiring an additional 1,529 shares during the period. RDA Financial Network increased its stake in Fidelity Total Bond ETF by 14.7% during the third quarter. RDA Financial Network now owns 104,838 shares of the company’s stock worth $4,848,000 after acquiring an additional 13,428 shares during the last quarter. Finally, Chesley Taft & Associates LLC raised its position in Fidelity Total Bond ETF by 9.2% in the third quarter. Chesley Taft & Associates LLC now owns 97,610 shares of the company’s stock valued at $4,513,000 after purchasing an additional 8,210 shares during the period.

Fidelity Total Bond ETF Stock Up 0.3%

Shares of Fidelity Total Bond ETF stock opened at $46.39 on Friday. The firm has a market cap of $22.17 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.86. The business’s fifty day simple moving average is $46.44 and its 200-day simple moving average is $46.04.

Fidelity Total Bond ETF 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.