Capital CS Group LLC Boosts Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Capital CS Group LLC grew its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,027 shares of the company’s stock after buying an additional 294 shares during the period. Capital CS Group LLC’s holdings in Fidelity Total Bond ETF were worth $271,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. purchased a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $11,176,000. Visionary Wealth Advisors boosted its position 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 purchasing an additional 4,258 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in shares of Fidelity Total Bond ETF by 620.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 98,823 shares of the company’s stock valued at $4,550,000 after purchasing an additional 85,106 shares in the last quarter. Masso Torrence Wealth Management Inc. boosted its position in shares of Fidelity Total Bond ETF by 1.9% during the fourth quarter. Masso Torrence Wealth Management Inc. now owns 102,636 shares of the company’s stock valued at $4,725,000 after purchasing an additional 1,909 shares in the last quarter. Finally, Vantage Financial Partners Ltd. Inc. boosted its position in shares of Fidelity Total Bond ETF by 358.1% during the fourth quarter. Vantage Financial Partners Ltd. Inc. now owns 387,205 shares of the company’s stock valued at $17,827,000 after purchasing an additional 302,672 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND traded up $0.18 during mid-day trading on Friday, hitting $46.11. 1,426,813 shares of the stock traded hands, compared to its average volume of 1,269,065. Fidelity Total Bond ETF has a 52 week low of $42.45 and a 52 week high of $46.71. The company has a market cap of $9.20 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The stock has a fifty day moving average price of $45.43 and a 200-day moving average price of $45.13.

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.