Strata Wealth Advisors LLC Has $394,000 Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Strata Wealth Advisors LLC grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 25.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,777 shares of the company’s stock after acquiring an additional 1,754 shares during the period. Strata Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $394,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FBND. Pasadena Private Wealth LLC grew its stake in Fidelity Total Bond ETF by 5.2% in the fourth quarter. Pasadena Private Wealth LLC now owns 284,869 shares of the company’s stock valued at $12,782,000 after purchasing an additional 14,008 shares in the last quarter. Legacy Solutions LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $2,127,000. Financial Management Network Inc. bought a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at approximately $2,523,000. Destiny Capital Corp CO grew its stake in shares of Fidelity Total Bond ETF by 2.1% in the 4th quarter. Destiny Capital Corp CO now owns 313,264 shares of the company’s stock valued at $14,056,000 after buying an additional 6,382 shares in the last quarter. Finally, SilverOak Wealth Management LLC increased its holdings in Fidelity Total Bond ETF by 34.6% in the fourth quarter. SilverOak Wealth Management LLC now owns 92,023 shares of the company’s stock worth $4,129,000 after buying an additional 23,664 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.4 %

NYSEARCA FBND opened at $45.14 on Wednesday. The company has a 50 day moving average price of $45.08 and a two-hundred day moving average price of $45.80. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The stock has a market capitalization of $9.01 billion, a PE ratio of 8.85 and a beta of 0.19.

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.