Fidelity Total Bond ETF $FBND is WBH Advisory Inc.’s 7th Largest Position

WBH Advisory Inc. lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 733,804 shares of the company’s stock after acquiring an additional 21,407 shares during the period. Fidelity Total Bond ETF accounts for approximately 2.5% of WBH Advisory Inc.’s portfolio, making the stock its 7th biggest position. WBH Advisory Inc. owned about 0.13% of Fidelity Total Bond ETF worth $33,469,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of FBND. Cerity Partners LLC raised its stake in Fidelity Total Bond ETF by 400.5% during the second quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock worth $1,834,000 after purchasing an additional 32,071 shares during the period. Betterment LLC increased its holdings in shares of Fidelity Total Bond ETF by 2.7% during the 2nd quarter. Betterment LLC now owns 97,501 shares of the company’s stock worth $4,461,000 after buying an additional 2,597 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter worth approximately $49,000. Graney & King LLC raised its position in shares of Fidelity Total Bond ETF by 7.3% during the 2nd quarter. Graney & King LLC now owns 50,169 shares of the company’s stock valued at $2,295,000 after buying an additional 3,402 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of Fidelity Total Bond ETF by 40.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock valued at $303,000 after buying an additional 1,924 shares during the period.

Fidelity Total Bond ETF Stock Performance

FBND opened at $45.47 on Friday. Fidelity Total Bond ETF has a one year low of $44.82 and a one year high of $46.86. The stock has a market capitalization of $26.56 billion, a PE ratio of 8.94 and a beta of 0.27. The business’s 50 day moving average price is $45.53 and its 200 day moving average price is $45.90.

Fidelity Total Bond ETF Company 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.