MontVue Capital Management Inc. Has $706,000 Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

MontVue Capital Management Inc. lowered its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,706 shares of the company’s stock after selling 442 shares during the period. MontVue Capital Management Inc.’s holdings in Fidelity Total Bond ETF were worth $706,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wheelhouse Advisory Group LLC boosted its position in shares of Fidelity Total Bond ETF by 1.8% during the 1st quarter. Wheelhouse Advisory Group LLC now owns 12,517 shares of the company’s stock valued at $567,000 after purchasing an additional 227 shares in the last quarter. Capital CS Group LLC boosted its position in shares of Fidelity Total Bond ETF by 5.1% during the 2nd quarter. Capital CS Group LLC now owns 6,027 shares of the company’s stock valued at $271,000 after purchasing an additional 294 shares in the last quarter. Arkadios Wealth Advisors boosted its position in shares of Fidelity Total Bond ETF by 5.5% during the 1st quarter. Arkadios Wealth Advisors now owns 6,244 shares of the company’s stock valued at $283,000 after purchasing an additional 323 shares in the last quarter. CGN Advisors LLC boosted its position in shares of Fidelity Total Bond ETF by 3.0% during the 1st quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock valued at $519,000 after purchasing an additional 336 shares in the last quarter. Finally, Capital Planning LLC raised its stake in Fidelity Total Bond ETF by 0.9% during the 2nd quarter. Capital Planning LLC now owns 45,501 shares of the company’s stock worth $2,053,000 after buying an additional 388 shares during the period.

Fidelity Total Bond ETF Trading Up 0.4 %

Shares of FBND stock traded up $0.20 during trading on Friday, hitting $46.70. The company’s stock had a trading volume of 1,003,149 shares, compared to its average volume of 1,264,428. The business has a fifty day moving average of $45.67 and a 200-day moving average of $45.19. Fidelity Total Bond ETF has a 52 week low of $42.45 and a 52 week high of $46.76. The company has a market cap of $9.32 billion, a PE ratio of 8.85 and a beta of 0.19.

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.