Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by Quad Cities Investment Group LLC

Quad Cities Investment Group LLC raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 34.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 63,911 shares of the company’s stock after purchasing an additional 16,282 shares during the period. Fidelity Total Bond ETF accounts for approximately 1.5% of Quad Cities Investment Group LLC’s holdings, making the stock its 16th biggest holding. Quad Cities Investment Group LLC’s holdings in Fidelity Total Bond ETF were worth $2,987,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Capital CS Group LLC raised its stake in Fidelity Total Bond ETF by 5.1% during the second quarter. Capital CS Group LLC now owns 6,027 shares of the company’s stock valued at $271,000 after buying an additional 294 shares in the last quarter. Regatta Capital Group LLC raised its position in shares of Fidelity Total Bond ETF by 2.3% during the 3rd quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock valued at $641,000 after acquiring an additional 304 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in Fidelity Total Bond ETF by 5.5% during the first quarter. Arkadios Wealth Advisors now owns 6,244 shares of the company’s stock worth $283,000 after purchasing an additional 323 shares during the last quarter. CGN Advisors LLC boosted its holdings in Fidelity Total Bond ETF by 3.0% in the first quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock worth $519,000 after purchasing an additional 336 shares during the period. Finally, Capital Planning LLC boosted its holdings in Fidelity Total Bond ETF by 0.9% in the second quarter. Capital Planning LLC now owns 45,501 shares of the company’s stock worth $2,053,000 after purchasing an additional 388 shares during the period.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND traded down $0.19 during midday trading on Thursday, hitting $46.10. The company’s stock had a trading volume of 344,717 shares, compared to its average volume of 1,339,626. The firm has a market cap of $9.20 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 1-year low of $42.45 and a 1-year high of $47.30. The firm’s fifty day moving average price is $46.59 and its 200-day moving average price is $45.58.

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.