Leelyn Smith LLC Has $2.60 Million Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Leelyn Smith LLC lessened its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,641 shares of the company’s stock after selling 2,612 shares during the period. Leelyn Smith LLC’s holdings in Fidelity Total Bond ETF were worth $2,601,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of FBND. Nwam LLC acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter worth approximately $2,032,000. Allen Capital Group LLC raised its position in shares of Fidelity Total Bond ETF by 0.7% in the third quarter. Allen Capital Group LLC now owns 125,143 shares of the company’s stock valued at $5,849,000 after purchasing an additional 843 shares during the period. LPL Financial LLC lifted its stake in shares of Fidelity Total Bond ETF by 27.5% in the third quarter. LPL Financial LLC now owns 2,784,376 shares of the company’s stock worth $130,142,000 after buying an additional 600,874 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF in the third quarter worth $54,000. Finally, Strategy Asset Managers LLC bought a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth $615,000.

Fidelity Total Bond ETF Stock Performance

NYSEARCA FBND opened at $45.44 on Friday. The stock has a 50-day simple moving average of $46.09 and a 200 day simple moving average of $45.77. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The stock has a market capitalization of $9.07 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.