J.W. Cole Advisors Inc. Sells 7,052 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

J.W. Cole Advisors Inc. cut its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 27.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,224 shares of the company’s stock after selling 7,052 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $818,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Fidelity Total Bond ETF in the 3rd quarter worth approximately $25,000. Northwest Investment Counselors LLC purchased a new position in Fidelity Total Bond ETF in the third quarter worth $30,000. Highline Wealth Partners LLC bought a new position in Fidelity Total Bond ETF in the 3rd quarter valued at $47,000. Darwin Wealth Management LLC bought a new position in Fidelity Total Bond ETF in the 3rd quarter valued at $54,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter valued at $87,000.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA:FBND opened at $45.14 on Wednesday. The company has a market capitalization of $9.01 billion, a P/E ratio of 8.85 and a beta of 0.19. The company’s 50-day moving average is $45.08 and its 200 day moving average is $45.80. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30.

About Fidelity Total Bond ETF

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.