Courier Capital LLC Purchases 5,378 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Courier Capital LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 149,282 shares of the company’s stock after acquiring an additional 5,378 shares during the quarter. Courier Capital LLC owned about 0.07% of Fidelity Total Bond ETF worth $6,977,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Brookstone Capital Management grew its position in Fidelity Total Bond ETF by 63.1% in the 1st quarter. Brookstone Capital Management now owns 550,275 shares of the company’s stock worth $24,933,000 after purchasing an additional 212,869 shares during the last quarter. Sherrill & Hutchins Financial Advisory Inc grew its position in Fidelity Total Bond ETF by 2.4% in the 1st quarter. Sherrill & Hutchins Financial Advisory Inc now owns 745,072 shares of the company’s stock worth $33,759,000 after purchasing an additional 17,317 shares during the last quarter. Cetera Investment Advisers grew its position in Fidelity Total Bond ETF by 31.7% in the 2nd quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock worth $71,519,000 after purchasing an additional 383,302 shares during the last quarter. Aspiriant LLC boosted its position in shares of Fidelity Total Bond ETF by 7.4% during the 1st quarter. Aspiriant LLC now owns 342,410 shares of the company’s stock valued at $15,515,000 after acquiring an additional 23,606 shares in the last quarter. Finally, 9258 Wealth Management LLC bought a new stake in Fidelity Total Bond ETF in the first quarter valued at about $207,000.

Fidelity Total Bond ETF Trading Down 0.2 %

NYSEARCA:FBND traded down $0.09 during mid-day trading on Wednesday, hitting $45.74. The company’s stock had a trading volume of 472,309 shares, compared to its average volume of 1,350,091. The stock has a fifty day moving average of $46.58 and a 200-day moving average of $45.61. The company has a market capitalization of $9.13 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a fifty-two week low of $42.56 and a fifty-two week high of $47.30.

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.