World Investment Advisors Raises Stock Holdings in Fidelity Total Bond ETF $FBND

World Investment Advisors raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 14.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 397,036 shares of the company’s stock after purchasing an additional 48,640 shares during the quarter. World Investment Advisors owned 0.07% of Fidelity Total Bond ETF worth $18,113,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. USAdvisors Wealth Management LLC raised its position in shares of Fidelity Total Bond ETF by 3.3% during the 1st quarter. USAdvisors Wealth Management LLC now owns 251,179 shares of the company’s stock valued at $11,423,000 after buying an additional 8,004 shares in the last quarter. Private Advisor Group LLC grew its position in Fidelity Total Bond ETF by 4.9% in the first quarter. Private Advisor Group LLC now owns 1,510,419 shares of the company’s stock worth $68,905,000 after acquiring an additional 70,345 shares in the last quarter. Trademark Financial Management LLC grew its position in Fidelity Total Bond ETF by 69.4% in the first quarter. Trademark Financial Management LLC now owns 16,619 shares of the company’s stock worth $758,000 after acquiring an additional 6,809 shares in the last quarter. Sound Income Strategies LLC increased its stake in Fidelity Total Bond ETF by 180.6% in the first quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock valued at $60,000 after acquiring an additional 847 shares during the last quarter. Finally, Axis Wealth Partners LLC increased its stake in Fidelity Total Bond ETF by 6.4% in the first quarter. Axis Wealth Partners LLC now owns 147,075 shares of the company’s stock valued at $6,710,000 after acquiring an additional 8,815 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $45.47 on Friday. The stock’s 50-day simple moving average is $45.53 and its two-hundred day simple moving average is $45.90. Fidelity Total Bond ETF has a twelve month low of $44.82 and a twelve month high of $46.86. The company has a market capitalization of $26.56 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.

Fidelity Total Bond ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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