Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Purchased by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 52,946 shares of the company’s stock after purchasing an additional 4,843 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Fidelity Total Bond ETF were worth $2,376,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Register Financial Advisors LLC boosted its holdings in shares of Fidelity Total Bond ETF by 5.6% in the 4th quarter. Register Financial Advisors LLC now owns 19,507 shares of the company’s stock valued at $875,000 after buying an additional 1,032 shares in the last quarter. Bryant Woods Investment Advisors LLC purchased a new stake in Fidelity Total Bond ETF in the fourth quarter valued at $1,499,000. OLIO Financial Planning boosted its stake in Fidelity Total Bond ETF by 584.5% in the fourth quarter. OLIO Financial Planning now owns 765,888 shares of the company’s stock valued at $34,365,000 after acquiring an additional 653,991 shares in the last quarter. KFG Wealth Management LLC grew its holdings in shares of Fidelity Total Bond ETF by 94.6% during the fourth quarter. KFG Wealth Management LLC now owns 563,676 shares of the company’s stock worth $25,292,000 after purchasing an additional 274,051 shares during the last quarter. Finally, Merkkuri Wealth Advisors LLC increased its position in shares of Fidelity Total Bond ETF by 10.0% during the fourth quarter. Merkkuri Wealth Advisors LLC now owns 114,688 shares of the company’s stock worth $5,146,000 after purchasing an additional 10,384 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $45.01 on Monday. The stock has a 50-day simple moving average of $45.26 and a 200-day simple moving average of $45.84. The company has a market capitalization of $8.98 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30.

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.