Integrity Financial Corp WA Decreases Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Integrity Financial Corp WA trimmed its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,976 shares of the company’s stock after selling 414 shares during the period. Integrity Financial Corp WA’s holdings in Fidelity Total Bond ETF were worth $793,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FBND. Northwest Investment Counselors LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at $30,000. Transcendent Capital Group LLC acquired a new position in shares of Fidelity Total Bond ETF during the 2nd quarter worth about $32,000. Centerpoint Advisors LLC purchased a new position in shares of Fidelity Total Bond ETF in the 1st quarter valued at about $37,000. Strategic Financial Concepts LLC purchased a new position in shares of Fidelity Total Bond ETF in the 2nd quarter valued at about $49,000. Finally, Bell Investment Advisors Inc acquired a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter worth about $55,000.

Fidelity Total Bond ETF Stock Down 0.7 %

Shares of FBND opened at $45.83 on Tuesday. The company has a market capitalization of $9.15 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 52-week low of $42.45 and a 52-week high of $47.30. The stock has a 50 day moving average price of $46.59 and a 200 day moving average price of $45.60.

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.