WestHill Financial Advisors Inc. lifted its position in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 11.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,015,500 shares of the company’s stock after purchasing an additional 100,518 shares during the period. Fidelity Total Bond ETF comprises approximately 7.4% of WestHill Financial Advisors Inc.’s holdings, making the stock its 5th biggest holding. WestHill Financial Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $43,971,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Lineweaver Wealth Advisors LLC increased its holdings in Fidelity Total Bond ETF by 3.4% during the 3rd quarter. Lineweaver Wealth Advisors LLC now owns 934,473 shares of the company’s stock worth $40,463,000 after acquiring an additional 30,654 shares during the period. Forvis Mazars Wealth Advisors LLC boosted its holdings in Fidelity Total Bond ETF by 1.9% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 3,025,737 shares of the company’s stock valued at $131,015,000 after purchasing an additional 57,010 shares during the period. 21 West Wealth Management LLC grew its position in shares of Fidelity Total Bond ETF by 4.9% during the 3rd quarter. 21 West Wealth Management LLC now owns 82,293 shares of the company’s stock valued at $3,563,000 after purchasing an additional 3,830 shares in the last quarter. Lincoln Capital Corp grew its position in shares of Fidelity Total Bond ETF by 98.8% during the 3rd quarter. Lincoln Capital Corp now owns 277,296 shares of the company’s stock valued at $12,007,000 after purchasing an additional 137,778 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. grew its position in shares of Fidelity Total Bond ETF by 3.6% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 1,154,583 shares of the company’s stock valued at $49,993,000 after purchasing an additional 40,201 shares in the last quarter.
Fidelity Total Bond ETF Trading Down 0.1%
Shares of Fidelity Total Bond ETF stock traded down $0.04 during trading on Wednesday, hitting $43.48. The stock had a trading volume of 1,751,348 shares, compared to its average volume of 3,150,684. The firm has a market cap of $28.03 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 12 month low of $43.11 and a 12 month high of $46.86. The business’s 50-day moving average is $44.35 and its 200 day moving average is $45.08.
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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