Fidelity Tactical Bond ETF (NYSEARCA:FTBD) Holdings Trimmed by Jane Street Group LLC

Jane Street Group LLC reduced its position in shares of Fidelity Tactical Bond ETF (NYSEARCA:FTBD) by 33.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,783 shares of the company’s stock after selling 7,782 shares during the quarter. Jane Street Group LLC owned 5.26% of Fidelity Tactical Bond ETF worth $796,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of FTBD. KMG Fiduciary Partners LLC raised its position in Fidelity Tactical Bond ETF by 496.8% during the third quarter. KMG Fiduciary Partners LLC now owns 115,218 shares of the company’s stock valued at $5,809,000 after buying an additional 95,912 shares during the period. Koshinski Asset Management Inc. purchased a new position in Fidelity Tactical Bond ETF during the 3rd quarter valued at about $1,502,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Fidelity Tactical Bond ETF in the 2nd quarter valued at about $480,000.

Fidelity Tactical Bond ETF Stock Performance

FTBD stock opened at $48.08 on Thursday. The firm has a 50 day simple moving average of $48.94 and a 200 day simple moving average of $49.41. Fidelity Tactical Bond ETF has a 52 week low of $47.50 and a 52 week high of $51.06.

About Fidelity Tactical Bond ETF

The Fidelity Tactical Bond ETF (FTBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds debt securities of any type, rating, and maturity, selected using a qualitative and quantitative security selection approach. FTBD was launched on Jan 24, 2023 and is managed by Fidelity.