W.G. Shaheen & Associates DBA Whitney & Co Has $37.37 Million Stock Position in Fidelity Total Bond ETF $FBND

W.G. Shaheen & Associates DBA Whitney & Co grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 819,204 shares of the company’s stock after purchasing an additional 40,540 shares during the quarter. Fidelity Total Bond ETF comprises approximately 3.1% of W.G. Shaheen & Associates DBA Whitney & Co’s investment portfolio, making the stock its 4th biggest position. W.G. Shaheen & Associates DBA Whitney & Co owned about 0.15% of Fidelity Total Bond ETF worth $37,372,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in Fidelity Total Bond ETF in the 4th quarter valued at $25,000. GHP Investment Advisors Inc. bought a new stake in shares of Fidelity Total Bond ETF in the first quarter valued at about $25,000. Rialto Wealth Management LLC bought a new stake in shares of Fidelity Total Bond ETF in the fourth quarter valued at about $32,000. Tucker Asset Management LLC acquired a new position in shares of Fidelity Total Bond ETF in the fourth quarter valued at about $37,000. Finally, Key Capital Management INC acquired a new position in shares of Fidelity Total Bond ETF in the fourth quarter valued at about $49,000.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $45.26 on Friday. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86. The firm has a market cap of $26.88 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The firm’s 50-day simple moving average is $45.45 and its 200 day simple moving average is $45.83.

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.