Wealthcare Advisory Partners LLC Grows Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

Wealthcare Advisory Partners LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.3% in the 4th quarter, Holdings Channel reports. The firm owned 1,078,366 shares of the company’s stock after buying an additional 53,921 shares during the period. Fidelity Total Bond ETF makes up 1.3% of Wealthcare Advisory Partners LLC’s holdings, making the stock its 15th biggest holding. Wealthcare Advisory Partners LLC’s holdings in Fidelity Total Bond ETF were worth $48,386,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealthcare Capital Management LLC lifted its position in Fidelity Total Bond ETF by 3.0% during the 4th quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock worth $356,000 after acquiring an additional 231 shares during the period. RDA Financial Network raised its position in Fidelity Total Bond ETF by 68.9% in the fourth quarter. RDA Financial Network now owns 87,343 shares of the company’s stock worth $3,919,000 after acquiring an additional 35,616 shares in the last quarter. Goldstone Financial Group LLC boosted its holdings in Fidelity Total Bond ETF by 4.5% during the fourth quarter. Goldstone Financial Group LLC now owns 270,986 shares of the company’s stock worth $12,159,000 after buying an additional 11,707 shares in the last quarter. Capital Planning LLC increased its stake in Fidelity Total Bond ETF by 122.1% in the 4th quarter. Capital Planning LLC now owns 67,562 shares of the company’s stock valued at $3,048,000 after purchasing an additional 37,149 shares in the last quarter. Finally, KMG Fiduciary Partners LLC boosted its position in shares of Fidelity Total Bond ETF by 72.3% in the 4th quarter. KMG Fiduciary Partners LLC now owns 106,683 shares of the company’s stock worth $4,787,000 after buying an additional 44,767 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.3 %

Shares of Fidelity Total Bond ETF stock opened at $44.96 on Friday. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30. The business’s fifty day moving average is $45.31 and its two-hundred day moving average is $45.84. The firm has a market cap of $8.97 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.