Integrated Wealth Concepts LLC boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 0.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,252,617 shares of the company’s stock after buying an additional 11,740 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Fidelity Total Bond ETF were worth $56,982,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in FBND. Capital Wealth Management LLC raised its stake in Fidelity Total Bond ETF by 9.3% during the first quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock worth $28,536,000 after buying an additional 53,398 shares during the last quarter. Valley Wealth Managers Inc. boosted its position in Fidelity Total Bond ETF by 149.5% during the fourth quarter. Valley Wealth Managers Inc. now owns 62,724 shares of the company’s stock valued at $2,888,000 after acquiring an additional 37,588 shares during the last quarter. Barry Investment Advisors LLC boosted its position in Fidelity Total Bond ETF by 36.7% during the second quarter. Barry Investment Advisors LLC now owns 175,149 shares of the company’s stock valued at $7,997,000 after acquiring an additional 47,024 shares during the last quarter. USAdvisors Wealth Management LLC grew its holdings in Fidelity Total Bond ETF by 5.3% during the 4th quarter. USAdvisors Wealth Management LLC now owns 243,175 shares of the company’s stock worth $11,195,000 after acquiring an additional 12,241 shares during the period. Finally, Hicks Capital Management LLC increased its holdings in Fidelity Total Bond ETF by 11.3% in the fourth quarter. Hicks Capital Management LLC now owns 251,938 shares of the company’s stock worth $11,599,000 after purchasing an additional 25,669 shares in the last quarter.
Fidelity Total Bond ETF Trading Down 0.1%
NYSEARCA FBND opened at $44.67 on Wednesday. The business has a fifty day simple moving average of $45.02 and a 200 day simple moving average of $45.50. The firm has a market capitalization of $27.06 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 12 month low of $44.59 and a 12 month high of $46.86.
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.
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Want to see what other hedge funds are holding FBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report).
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