Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by WestHill Financial Advisors Inc.

WestHill Financial Advisors Inc. lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 662,515 shares of the company’s stock after purchasing an additional 35,194 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 6.9% of WestHill Financial Advisors Inc.’s holdings, making the stock its 5th largest position. WestHill Financial Advisors Inc. owned approximately 0.33% of Fidelity Total Bond ETF worth $30,966,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Mather Group LLC. raised its holdings in Fidelity Total Bond ETF by 4,145.0% during the third quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock worth $165,692,000 after purchasing an additional 3,461,472 shares in the last quarter. Summit Financial Strategies Inc. lifted its holdings in shares of Fidelity Total Bond ETF by 4,346.0% in the second quarter. Summit Financial Strategies Inc. now owns 1,295,739 shares of the company’s stock valued at $58,218,000 after buying an additional 1,266,595 shares during the period. Crane Advisory LLC bought a new position in Fidelity Total Bond ETF during the third quarter valued at about $50,363,000. Quotient Wealth Partners LLC acquired a new position in Fidelity Total Bond ETF during the second quarter worth about $44,290,000. Finally, McKinley Carter Wealth Services Inc. raised its position in Fidelity Total Bond ETF by 256.5% in the third quarter. McKinley Carter Wealth Services Inc. now owns 1,355,457 shares of the company’s stock worth $63,354,000 after acquiring an additional 975,262 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.1 %

Shares of NYSEARCA FBND opened at $46.14 on Friday. Fidelity Total Bond ETF has a twelve month low of $42.45 and a twelve month high of $47.30. The firm has a 50-day moving average of $46.60 and a two-hundred day moving average of $45.59. The company has a market capitalization of $9.21 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.