Fmr LLC Acquires 267,811 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Fmr LLC raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 12,604,148 shares of the company’s stock after buying an additional 267,811 shares during the period. Fmr LLC owned approximately 0.06% of Fidelity Total Bond ETF worth $589,118,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in FBND. B. Riley Wealth Advisors Inc. grew its stake in shares of Fidelity Total Bond ETF by 4.9% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 23,236 shares of the company’s stock worth $1,016,000 after acquiring an additional 1,083 shares in the last quarter. Comerica Bank grew its stake in shares of Fidelity Total Bond ETF by 21.6% during the 1st quarter. Comerica Bank now owns 39,987 shares of the company’s stock worth $1,812,000 after acquiring an additional 7,096 shares in the last quarter. Atria Investments Inc grew its stake in shares of Fidelity Total Bond ETF by 4.7% during the 1st quarter. Atria Investments Inc now owns 169,968 shares of the company’s stock worth $7,701,000 after acquiring an additional 7,623 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Fidelity Total Bond ETF by 142.6% during the 1st quarter. Cetera Investment Advisers now owns 1,208,483 shares of the company’s stock worth $54,756,000 after acquiring an additional 710,435 shares in the last quarter. Finally, Cetera Advisors LLC grew its stake in shares of Fidelity Total Bond ETF by 45.3% during the 1st quarter. Cetera Advisors LLC now owns 355,851 shares of the company’s stock worth $16,124,000 after acquiring an additional 110,906 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.3 %

NYSEARCA:FBND opened at $45.72 on Friday. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30. The firm has a fifty day simple moving average of $45.95 and a 200 day simple moving average of $45.80. The stock has a market capitalization of $9.12 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.