Anchor Capital Advisors LLC Sells 1,725 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Anchor Capital Advisors LLC trimmed its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.3% in the 4th quarter, HoldingsChannel reports. The firm owned 73,770 shares of the company’s stock after selling 1,725 shares during the quarter. Anchor Capital Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $3,396,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its stake in Fidelity Total Bond ETF by 2.8% during the third quarter. Commonwealth Equity Services LLC now owns 838,708 shares of the company’s stock valued at $36,534,000 after acquiring an additional 23,127 shares in the last quarter. Atlas Private Wealth Management boosted its holdings in shares of Fidelity Total Bond ETF by 20.3% during the 3rd quarter. Atlas Private Wealth Management now owns 47,286 shares of the company’s stock valued at $2,060,000 after purchasing an additional 7,986 shares during the last quarter. Vicus Capital boosted its holdings in shares of Fidelity Total Bond ETF by 0.9% during the 3rd quarter. Vicus Capital now owns 644,908 shares of the company’s stock valued at $28,092,000 after purchasing an additional 5,580 shares during the last quarter. Sentinel Pension Advisors Inc. increased its holdings in shares of Fidelity Total Bond ETF by 5.0% in the third quarter. Sentinel Pension Advisors Inc. now owns 220,564 shares of the company’s stock worth $9,608,000 after purchasing an additional 10,415 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Fidelity Total Bond ETF by 26.2% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 575,415 shares of the company’s stock valued at $25,065,000 after buying an additional 119,397 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND traded down $0.12 during trading hours on Tuesday, reaching $44.11. The stock had a trading volume of 115,119 shares, compared to its average volume of 1,286,668. The stock has a market capitalization of $8.75 billion, a PE ratio of 8.76 and a beta of 0.15. Fidelity Total Bond ETF has a 52 week low of $42.45 and a 52 week high of $46.34. The company has a 50 day moving average price of $44.93 and a two-hundred day moving average price of $44.83.

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.