Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Acquired by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 627,108 shares of the company’s stock after acquiring an additional 51,693 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.65% of Fidelity Total Bond ETF worth $28,872,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in FBND. JPMorgan Chase & Co. grew its stake in Fidelity Total Bond ETF by 2,874.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock worth $130,996,000 after purchasing an additional 2,906,069 shares in the last quarter. FMR LLC raised its holdings in Fidelity Total Bond ETF by 26,366.0% in the third quarter. FMR LLC now owns 2,086,842 shares of the company’s stock valued at $90,903,000 after acquiring an additional 2,078,957 shares in the last quarter. Harbor Group Inc. lifted its stake in Fidelity Total Bond ETF by 9,428.8% in the fourth quarter. Harbor Group Inc. now owns 756,489 shares of the company’s stock worth $34,829,000 after acquiring an additional 748,550 shares during the last quarter. Sherrill & Hutchins Financial Advisory Inc purchased a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at approximately $33,506,000. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Fidelity Total Bond ETF by 83.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,536,701 shares of the company’s stock valued at $70,750,000 after purchasing an additional 697,993 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.1 %

Fidelity Total Bond ETF stock traded up $0.04 during mid-day trading on Friday, hitting $44.85. The company had a trading volume of 812,265 shares, compared to its average volume of 1,288,548. Fidelity Total Bond ETF has a 1 year low of $42.45 and a 1 year high of $46.21. The business has a fifty day moving average of $44.75 and a 200 day moving average of $45.03. The stock has a market cap of $8.95 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.