SlateStone Wealth LLC Has $420,000 Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

SlateStone Wealth LLC reduced its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 9,129 shares of the company’s stock after selling 461 shares during the period. SlateStone Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $420,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of FBND. Financial Management Professionals Inc. bought a new position in shares of Fidelity Total Bond ETF during the 4th quarter worth approximately $25,000. NBC Securities Inc. bought a new position in shares of Fidelity Total Bond ETF during the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC bought a new position in shares of Fidelity Total Bond ETF during the 4th quarter worth approximately $74,000. Private Trust Co. NA grew its stake in shares of Fidelity Total Bond ETF by 51.2% during the 4th quarter. Private Trust Co. NA now owns 1,616 shares of the company’s stock worth $74,000 after acquiring an additional 547 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of Fidelity Total Bond ETF by 15.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,720 shares of the company’s stock worth $79,000 after acquiring an additional 228 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.3 %

Shares of NYSEARCA:FBND traded up $0.13 during midday trading on Tuesday, hitting $44.43. The stock had a trading volume of 782,922 shares, compared to its average volume of 1,305,871. Fidelity Total Bond ETF has a 12 month low of $42.45 and a 12 month high of $46.38. The business’s 50-day simple moving average is $45.02 and its 200-day simple moving average is $44.80. The company has a market cap of $8.81 billion, a P/E ratio of 8.76 and a beta of 0.15.

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.