Twin Peaks Wealth Advisors LLC Decreases Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Twin Peaks Wealth Advisors LLC decreased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,004 shares of the company’s stock after selling 3,166 shares during the quarter. Twin Peaks Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $1,436,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FBND. Arkadios Wealth Advisors raised its stake in shares of Fidelity Total Bond ETF by 254.2% in the 3rd quarter. Arkadios Wealth Advisors now owns 28,113 shares of the company’s stock valued at $1,314,000 after purchasing an additional 20,177 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in Fidelity Total Bond ETF by 87.0% during the third quarter. J.W. Cole Advisors Inc. now owns 25,276 shares of the company’s stock valued at $1,181,000 after buying an additional 11,762 shares in the last quarter. Peterson Wealth Advisors LLC lifted its holdings in Fidelity Total Bond ETF by 0.8% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock worth $1,467,000 after buying an additional 246 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of Fidelity Total Bond ETF by 12.5% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 24,640 shares of the company’s stock worth $1,152,000 after acquiring an additional 2,740 shares in the last quarter. Finally, Hunter Associates Investment Management LLC grew its position in shares of Fidelity Total Bond ETF by 10.0% in the 3rd quarter. Hunter Associates Investment Management LLC now owns 299,558 shares of the company’s stock worth $13,986,000 after acquiring an additional 27,187 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.1 %

FBND stock opened at $45.51 on Tuesday. The stock’s 50 day simple moving average is $45.04 and its 200 day simple moving average is $45.77. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The firm has a market cap of $9.08 billion, a P/E 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.