Fidelity Total Bond ETF $FBND Shares Purchased by Wealth Watch Advisors INC

Wealth Watch Advisors INC boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,885 shares of the company’s stock after purchasing an additional 1,131 shares during the quarter. Wealth Watch Advisors INC’s holdings in Fidelity Total Bond ETF were worth $1,047,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in FBND. Fifth Third Bancorp acquired a new position in Fidelity Total Bond ETF in the 2nd quarter valued at about $27,000. Tsfg LLC acquired a new position in Fidelity Total Bond ETF in the 1st quarter valued at about $29,000. Brown Lisle Cummings Inc. acquired a new position in Fidelity Total Bond ETF in the 2nd quarter valued at about $38,000. Iron Horse Wealth Management LLC acquired a new position in Fidelity Total Bond ETF in the 1st quarter valued at about $60,000. Finally, Clarity Asset Management Inc. raised its stake in Fidelity Total Bond ETF by 285.3% in the 1st quarter. Clarity Asset Management Inc. now owns 1,364 shares of the company’s stock valued at $62,000 after purchasing an additional 1,010 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

FBND opened at $46.76 on Monday. The stock has a market capitalization of $21.87 billion, a price-to-earnings ratio of 8.94 and a beta of 0.17. The business has a 50-day moving average of $46.32 and a two-hundred day moving average of $45.71. Fidelity Total Bond ETF has a 12 month low of $44.30 and a 12 month high of $46.85.

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.