Advisor OS LLC Sells 76,633 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Advisor OS LLC reduced its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 20.8% during the 4th quarter, HoldingsChannel reports. The firm owned 292,330 shares of the company’s stock after selling 76,633 shares during the quarter. Fidelity Total Bond ETF comprises about 1.5% of Advisor OS LLC’s investment portfolio, making the stock its 15th biggest position. Advisor OS LLC’s holdings in Fidelity Total Bond ETF were worth $13,117,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Mark Sheptoff Financial Planning LLC acquired a new position in Fidelity Total Bond ETF during the 3rd quarter valued at $25,000. Highline Wealth Partners LLC acquired a new position in shares of Fidelity Total Bond ETF during the third quarter valued at about $47,000. Darwin Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at about $54,000. Rothschild Investment LLC acquired a new stake in Fidelity Total Bond ETF during the fourth quarter worth about $63,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Fidelity Total Bond ETF during the third quarter worth about $87,000.

Fidelity Total Bond ETF Stock Up 0.6 %

Fidelity Total Bond ETF stock opened at $45.80 on Wednesday. The business has a 50 day moving average price of $45.04 and a two-hundred day moving average price of $45.77. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The stock has a market cap of $9.14 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.