Insight Wealth Strategies LLC Has $680,000 Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Insight Wealth Strategies LLC cut its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,550 shares of the company’s stock after selling 347 shares during the period. Insight Wealth Strategies LLC’s holdings in Fidelity Total Bond ETF were worth $680,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Visionary Wealth Advisors grew its holdings in shares of Fidelity Total Bond ETF by 5.2% during the fourth quarter. Visionary Wealth Advisors now owns 86,217 shares of the company’s stock valued at $3,969,000 after buying an additional 4,258 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Fidelity Total Bond ETF by 41.3% during the fourth quarter. Kestra Advisory Services LLC now owns 1,034,764 shares of the company’s stock valued at $47,641,000 after buying an additional 302,577 shares in the last quarter. Harbour Investments Inc. grew its holdings in shares of Fidelity Total Bond ETF by 27.1% during the fourth quarter. Harbour Investments Inc. now owns 124,805 shares of the company’s stock valued at $5,746,000 after buying an additional 26,625 shares in the last quarter. CMG Global Holdings LLC purchased a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at $6,720,000. Finally, Madison Wealth Partners Inc grew its holdings in shares of Fidelity Total Bond ETF by 63.5% during the fourth quarter. Madison Wealth Partners Inc now owns 66,672 shares of the company’s stock valued at $3,070,000 after buying an additional 25,888 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.1 %

Shares of FBND stock opened at $46.20 on Wednesday. Fidelity Total Bond ETF has a 1-year low of $42.45 and a 1-year high of $47.30. The company has a market capitalization of $9.22 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The stock’s fifty day simple moving average is $46.58 and its 200-day simple moving average is $45.54.

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.