Wealthcare Advisory Partners LLC Has $60.65 Million Stake in Fidelity Total Bond ETF $FBND

Wealthcare Advisory Partners LLC boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 15.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,325,768 shares of the company’s stock after buying an additional 178,284 shares during the quarter. Fidelity Total Bond ETF makes up about 1.4% of Wealthcare Advisory Partners LLC’s investment portfolio, making the stock its 11th largest position. Wealthcare Advisory Partners LLC owned 0.31% of Fidelity Total Bond ETF worth $60,654,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. PFG Investments LLC boosted its stake in Fidelity Total Bond ETF by 3.2% in the first quarter. PFG Investments LLC now owns 9,182 shares of the company’s stock worth $419,000 after purchasing an additional 282 shares in the last quarter. Bogart Wealth LLC boosted its stake in Fidelity Total Bond ETF by 23.3% in the first quarter. Bogart Wealth LLC now owns 1,574 shares of the company’s stock worth $72,000 after purchasing an additional 297 shares in the last quarter. Sound Income Strategies LLC boosted its stake in Fidelity Total Bond ETF by 63.1% in the first quarter. Sound Income Strategies LLC now owns 791 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares in the last quarter. Kraft Davis & Associates LLC boosted its stake in Fidelity Total Bond ETF by 2.8% in the first quarter. Kraft Davis & Associates LLC now owns 12,509 shares of the company’s stock worth $562,000 after purchasing an additional 338 shares in the last quarter. Finally, Legacy Solutions LLC boosted its stake in Fidelity Total Bond ETF by 0.8% in the second quarter. Legacy Solutions LLC now owns 49,122 shares of the company’s stock worth $2,247,000 after purchasing an additional 382 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $46.33 on Friday. The firm has a market cap of $21.17 billion, a P/E ratio of 8.94 and a beta of 0.17. The business’s fifty day moving average is $46.08 and its two-hundred day moving average is $45.60. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $46.75.

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.