Crumly & Associates Inc. Lowers Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Crumly & Associates Inc. lowered its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 107,889 shares of the company’s stock after selling 233 shares during the quarter. Fidelity Total Bond ETF makes up 1.3% of Crumly & Associates Inc.’s holdings, making the stock its 28th largest position. Crumly & Associates Inc. owned about 0.05% of Fidelity Total Bond ETF worth $4,841,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FBND. International Assets Investment Management LLC lifted its position in shares of Fidelity Total Bond ETF by 9,729.1% in the third quarter. International Assets Investment Management LLC now owns 231,770 shares of the company’s stock valued at $108,330,000 after acquiring an additional 229,412 shares in the last quarter. Grimes & Company Inc. acquired a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at approximately $220,000. Schmidt P J Investment Management Inc. increased its holdings in shares of Fidelity Total Bond ETF by 4.2% in the third quarter. Schmidt P J Investment Management Inc. now owns 139,684 shares of the company’s stock valued at $6,529,000 after purchasing an additional 5,644 shares during the last quarter. Merkkuri Wealth Advisors LLC increased its holdings in shares of Fidelity Total Bond ETF by 17.1% in the third quarter. Merkkuri Wealth Advisors LLC now owns 104,304 shares of the company’s stock valued at $4,875,000 after purchasing an additional 15,250 shares during the last quarter. Finally, Silver Oak Securities Incorporated increased its holdings in shares of Fidelity Total Bond ETF by 67.5% in the third quarter. Silver Oak Securities Incorporated now owns 129,638 shares of the company’s stock valued at $6,074,000 after purchasing an additional 52,239 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $45.26 on Friday. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30. The stock has a market cap of $9.03 billion, a PE ratio of 8.85 and a beta of 0.19. The stock has a 50 day moving average price of $45.05 and a 200 day moving average price of $45.79.

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.