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

Pittenger & Anderson Inc. lowered its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,192 shares of the company’s stock after selling 1,395 shares during the quarter. Pittenger & Anderson Inc.’s holdings in Fidelity Total Bond ETF were worth $884,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of Fidelity Total Bond ETF by 2,874.0% during the third quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock valued at $130,996,000 after purchasing an additional 2,906,069 shares in the last quarter. Legacy Wealth Management Inc bought a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at $120,780,000. Blue Chip Partners LLC increased its holdings in shares of Fidelity Total Bond ETF by 8,501.0% in the 3rd quarter. Blue Chip Partners LLC now owns 2,153,777 shares of the company’s stock valued at $93,819,000 after acquiring an additional 2,128,736 shares during the period. FMR LLC raised its position in shares of Fidelity Total Bond ETF by 26,366.0% in the 3rd quarter. FMR LLC now owns 2,086,842 shares of the company’s stock worth $90,903,000 after acquiring an additional 2,078,957 shares in the last quarter. Finally, Harbor Group Inc. lifted its stake in shares of 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 purchasing an additional 748,550 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

FBND traded down $0.14 on Thursday, hitting $44.13. The company had a trading volume of 1,441,682 shares, compared to its average volume of 1,313,057. The stock has a market capitalization of $8.75 billion, a price-to-earnings ratio of 8.76 and a beta of 0.15. The stock has a fifty day moving average price of $44.99 and a 200-day moving average price of $44.81. Fidelity Total Bond ETF has a 12-month low of $42.45 and a 12-month high of $46.34.

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.