Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by Octavia Wealth Advisors LLC

Octavia Wealth Advisors LLC grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,473,666 shares of the company’s stock after acquiring an additional 10,067 shares during the period. Fidelity Total Bond ETF comprises approximately 8.2% of Octavia Wealth Advisors LLC’s holdings, making the stock its 3rd biggest holding. Octavia Wealth Advisors LLC owned about 0.36% of Fidelity Total Bond ETF worth $67,543,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FBND. PNC Financial Services Group Inc. acquired a new position in shares of Fidelity Total Bond ETF during the fourth quarter worth about $25,000. NBC Securities Inc. purchased a new stake in shares of Fidelity Total Bond ETF during the 1st quarter valued at about $28,000. Lindbrook Capital LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $32,000. Tucker Asset Management LLC acquired a new position in Fidelity Total Bond ETF during the 4th quarter worth approximately $36,000. Finally, Brown Brothers Harriman & Co. purchased a new position in Fidelity Total Bond ETF in the 4th quarter worth approximately $59,000.

Fidelity Total Bond ETF Stock Down 0.5%

Shares of NYSEARCA:FBND opened at $45.01 on Monday. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $47.30. The company has a 50 day moving average of $45.18 and a two-hundred day moving average of $45.29. The company has a market capitalization of $18.56 billion, a price-to-earnings ratio of 8.94 and a beta of 0.26.

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.