Corient Private Wealth LLC Purchases 368,602 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Corient Private Wealth LLC increased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3,826.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 378,236 shares of the company’s stock after acquiring an additional 368,602 shares during the period. Corient Private Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $17,414,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. raised its holdings in shares of Fidelity Total Bond ETF by 15.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,720 shares of the company’s stock valued at $79,000 after acquiring an additional 228 shares in the last quarter. Ancora Advisors LLC lifted its position in shares of Fidelity Total Bond ETF by 0.6% in the 3rd quarter. Ancora Advisors LLC now owns 44,261 shares of the company’s stock worth $1,928,000 after purchasing an additional 268 shares during the period. Private Trust Co. NA boosted its stake in shares of Fidelity Total Bond ETF by 51.2% during the 4th quarter. Private Trust Co. NA now owns 1,616 shares of the company’s stock valued at $74,000 after purchasing an additional 547 shares in the last quarter. Financial Management Professionals Inc. bought a new position in Fidelity Total Bond ETF in the fourth quarter worth about $25,000. Finally, Scott Capital Advisors LLC lifted its holdings in Fidelity Total Bond ETF by 6.0% in the fourth quarter. Scott Capital Advisors LLC now owns 10,219 shares of the company’s stock worth $470,000 after buying an additional 581 shares during the period.

Fidelity Total Bond ETF Trading Up 0.2 %

Shares of FBND stock traded up $0.08 during midday trading on Friday, reaching $44.89. 1,266,318 shares of the stock were exchanged, compared to its average volume of 1,293,768. The firm has a market cap of $8.96 billion, a PE ratio of 8.85 and a beta of 0.19. The company’s 50 day moving average is $44.75 and its two-hundred day moving average is $45.04. Fidelity Total Bond ETF has a 1 year low of $42.45 and a 1 year high of $46.21.

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.