Mayfair Advisory Group LLC Sells 32,597 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Mayfair Advisory Group LLC cut its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 17.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 149,102 shares of the company’s stock after selling 32,597 shares during the period. Fidelity Total Bond ETF makes up about 3.9% of Mayfair Advisory Group LLC’s portfolio, making the stock its 6th largest holding. Mayfair Advisory Group LLC’s holdings in Fidelity Total Bond ETF were worth $6,690,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of FBND. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter valued at about $25,000. Northwest Investment Counselors LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter valued at about $30,000. Highline Wealth Partners LLC purchased a new position in Fidelity Total Bond ETF in the 3rd quarter valued at about $47,000. Darwin Wealth Management LLC purchased a new position in Fidelity Total Bond ETF in the 3rd quarter valued at about $54,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Fidelity Total Bond ETF in the 3rd quarter valued at about $87,000.

Fidelity Total Bond ETF Trading Up 0.0 %

Shares of Fidelity Total Bond ETF stock opened at $44.43 on Wednesday. The firm has a market capitalization of $8.87 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The firm’s 50-day moving average price is $45.33 and its 200 day moving average price is $45.86.

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.