Family Capital Management Inc. Has $3.66 Million Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Family Capital Management Inc. lowered its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 39.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 79,379 shares of the company’s stock after selling 52,767 shares during the quarter. Fidelity Total Bond ETF accounts for 2.6% of Family Capital Management Inc.’s holdings, making the stock its 10th biggest holding. Family Capital Management Inc. owned approximately 0.08% of Fidelity Total Bond ETF worth $3,655,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Management Professionals Inc. bought a new stake in shares of Fidelity Total Bond ETF during the fourth quarter worth $25,000. NBC Securities Inc. purchased a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at about $27,000. Money Concepts Capital Corp bought a new position in Fidelity Total Bond ETF in the 4th quarter worth about $46,000. Retirement Group LLC purchased a new position in shares of Fidelity Total Bond ETF during the second quarter worth approximately $50,000. Finally, Sound Income Strategies LLC bought a new stake in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $74,000.

Fidelity Total Bond ETF Stock Down 0.2 %

NYSEARCA:FBND traded down $0.07 during midday trading on Thursday, hitting $44.20. The stock had a trading volume of 1,117,032 shares, compared to its average volume of 1,309,198. The stock has a 50-day moving average of $45.08 and a 200 day moving average of $44.77. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of 12.64 and a beta of 0.17. Fidelity Total Bond ETF has a one year low of $42.45 and a one year high of $46.38.

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.