Fidelity Total Bond ETF $FBND Stock Holdings Raised by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co boosted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.3% during the second quarter, Holdings Channel.com reports. The firm owned 688,361 shares of the company’s stock after acquiring an additional 15,224 shares during the period. Fidelity Total Bond ETF accounts for about 3.1% of W.G. Shaheen & Associates DBA Whitney & Co’s portfolio, making the stock its 4th largest position. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in Fidelity Total Bond ETF were worth $31,493,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of FBND. Capital & Planning LLC raised its stake in Fidelity Total Bond ETF by 7.1% during the first quarter. Capital & Planning LLC now owns 72,333 shares of the company’s stock valued at $3,315,000 after purchasing an additional 4,771 shares in the last quarter. McGlone Suttner Wealth Management Inc. raised its stake in shares of Fidelity Total Bond ETF by 4.0% in the first quarter. McGlone Suttner Wealth Management Inc. now owns 931,524 shares of the company’s stock valued at $42,524,000 after acquiring an additional 35,734 shares during the period. Drake & Associates LLC raised its stake in shares of Fidelity Total Bond ETF by 1.3% in the first quarter. Drake & Associates LLC now owns 725,564 shares of the company’s stock valued at $33,122,000 after acquiring an additional 9,565 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Fidelity Total Bond ETF by 10.7% in the first quarter. Envestnet Asset Management Inc. now owns 5,097,709 shares of the company’s stock valued at $232,710,000 after acquiring an additional 490,739 shares during the period. Finally, Bryant Woods Investment Advisors LLC raised its stake in shares of Fidelity Total Bond ETF by 7.5% in the first quarter. Bryant Woods Investment Advisors LLC now owns 35,907 shares of the company’s stock valued at $1,639,000 after acquiring an additional 2,509 shares during the period.

Fidelity Total Bond ETF Trading Down 0.0%

Shares of FBND opened at $46.36 on Monday. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $46.86. The company has a market cap of $22.15 billion, a P/E ratio of 8.94 and a beta of 0.28. The company’s fifty day simple moving average is $46.39 and its 200-day simple moving average is $45.77.

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.