Triangle Securities Wealth Management Raises Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Triangle Securities Wealth Management raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 49.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 42,077 shares of the company’s stock after acquiring an additional 13,964 shares during the quarter. Triangle Securities Wealth Management’s holdings in Fidelity Total Bond ETF were worth $1,888,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. TruWealth Advisors LLC raised its stake in Fidelity Total Bond ETF by 44.6% in the 4th quarter. TruWealth Advisors LLC now owns 1,740,086 shares of the company’s stock valued at $78,078,000 after purchasing an additional 536,547 shares during the last quarter. Ameritas Advisory Services LLC grew its holdings in shares of Fidelity Total Bond ETF by 50.6% during the fourth quarter. Ameritas Advisory Services LLC now owns 1,029,253 shares of the company’s stock worth $46,183,000 after buying an additional 345,964 shares in the last quarter. Financial & Tax Architects LLC acquired a new stake in shares of Fidelity Total Bond ETF in the fourth quarter valued at about $12,754,000. CGN Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 34.8% in the fourth quarter. CGN Advisors LLC now owns 20,429 shares of the company’s stock worth $917,000 after buying an additional 5,271 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its position in Fidelity Total Bond ETF by 139.7% during the fourth quarter. Arkadios Wealth Advisors now owns 67,383 shares of the company’s stock worth $3,023,000 after acquiring an additional 39,270 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.0 %

Shares of NYSEARCA FBND opened at $44.92 on Friday. The stock has a market cap of $8.96 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 12-month low of $44.01 and a 12-month high of $47.30. The company has a 50-day moving average of $45.30 and a 200 day moving average of $45.85.

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.