14,786 Shares in Fidelity Total Bond ETF (NYSEARCA:FBND) Purchased by MidAtlantic Capital Management Inc.

MidAtlantic Capital Management Inc. bought a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,786 shares of the company’s stock, valued at approximately $691,000.

Several other large investors have also modified their holdings of FBND. Trustmark National Bank Trust Department boosted its position in shares of Fidelity Total Bond ETF by 10.2% during the first quarter. Trustmark National Bank Trust Department now owns 10,289 shares of the company’s stock valued at $466,000 after buying an additional 953 shares during the period. Ameritas Investment Partners Inc. purchased a new position in shares of Fidelity Total Bond ETF during the first quarter valued at approximately $345,000. Sax Wealth Advisors LLC purchased a new position in shares of Fidelity Total Bond ETF during the first quarter valued at approximately $2,554,000. Sentinel Pension Advisors Inc. boosted its position in shares of Fidelity Total Bond ETF by 33.0% during the first quarter. Sentinel Pension Advisors Inc. now owns 308,324 shares of the company’s stock valued at $13,970,000 after buying an additional 76,573 shares during the period. Finally, CreativeOne Wealth LLC purchased a new position in shares of Fidelity Total Bond ETF during the first quarter valued at approximately $707,000.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $45.34 on Monday. Fidelity Total Bond ETF has a 1 year low of $43.95 and a 1 year high of $47.30. The business has a 50 day simple moving average of $46.22 and a two-hundred day simple moving average of $45.76. The firm has a market capitalization of $9.05 billion, a PE ratio of 8.85 and a beta of 0.19.

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.