SlateStone Wealth LLC Sells 461 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

SlateStone Wealth LLC reduced its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 9,129 shares of the company’s stock after selling 461 shares during the quarter. SlateStone Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $420,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Global Retirement Partners LLC increased its position in shares of Fidelity Total Bond ETF by 16.3% during the 3rd quarter. Global Retirement Partners LLC now owns 5,691 shares of the company’s stock valued at $246,000 after purchasing an additional 796 shares during the last quarter. Founders Financial Securities LLC boosted its holdings in Fidelity Total Bond ETF by 8.4% during the 3rd quarter. Founders Financial Securities LLC now owns 355,333 shares of the company’s stock valued at $15,478,000 after acquiring an additional 27,408 shares during the period. Amplius Wealth Advisors LLC boosted its holdings in Fidelity Total Bond ETF by 35.8% during the 3rd quarter. Amplius Wealth Advisors LLC now owns 290,565 shares of the company’s stock valued at $12,658,000 after acquiring an additional 76,559 shares during the period. Cornerstone Wealth Group LLC boosted its holdings in Fidelity Total Bond ETF by 4.7% during the 3rd quarter. Cornerstone Wealth Group LLC now owns 25,802 shares of the company’s stock valued at $1,124,000 after acquiring an additional 1,148 shares during the period. Finally, Capital Asset Advisory Services LLC boosted its holdings in Fidelity Total Bond ETF by 4.5% during the 3rd quarter. Capital Asset Advisory Services LLC now owns 23,437 shares of the company’s stock valued at $1,022,000 after acquiring an additional 1,010 shares during the period.

Fidelity Total Bond ETF Stock Performance

FBND stock traded up $0.13 during trading on Tuesday, hitting $44.43. 782,922 shares of the company traded hands, compared to its average volume of 1,305,871. The firm has a market capitalization of $8.81 billion, a PE ratio of 8.76 and a beta of 0.15. Fidelity Total Bond ETF has a 1 year low of $42.45 and a 1 year high of $46.38. The company has a 50-day moving average of $45.02 and a 200-day moving average of $44.80.

About Fidelity Total Bond ETF

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.