Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Sold by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. trimmed its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,192 shares of the company’s stock after selling 1,395 shares during the period. Pittenger & Anderson Inc.’s holdings in Fidelity Total Bond ETF were worth $884,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in 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 acquiring an additional 2,906,069 shares in the last quarter. Legacy Wealth Management Inc acquired a new stake in shares of Fidelity Total Bond ETF during the third quarter worth about $120,780,000. Blue Chip Partners LLC boosted its stake in shares of Fidelity Total Bond ETF by 8,501.0% in the third quarter. Blue Chip Partners LLC now owns 2,153,777 shares of the company’s stock valued at $93,819,000 after purchasing an additional 2,128,736 shares during the period. FMR LLC grew its holdings in shares of Fidelity Total Bond ETF by 26,366.0% in the third quarter. FMR LLC now owns 2,086,842 shares of the company’s stock valued at $90,903,000 after purchasing an additional 2,078,957 shares in the last quarter. Finally, Harbor Group Inc. increased its stake in 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 worth $34,829,000 after buying an additional 748,550 shares during the period.

Fidelity Total Bond ETF Stock Down 0.3 %

FBND stock traded down $0.14 during midday trading on Thursday, hitting $44.13. The company’s stock had a trading volume of 1,441,682 shares, compared to its average volume of 1,313,057. The firm has a 50-day simple moving average of $44.99 and a 200-day simple moving average of $44.81. The firm has a market capitalization of $8.75 billion, a P/E ratio of 8.76 and a beta of 0.15. Fidelity Total Bond ETF has a 52-week low of $42.45 and a 52-week high of $46.34.

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.