Fidelity Total Bond ETF $FBND Stake Increased by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 440,074 shares of the company’s stock after purchasing an additional 19,106 shares during the quarter. Prime Capital Investment Advisors LLC owned about 0.07% of Fidelity Total Bond ETF worth $19,055,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. tru Independence LLC grew its position in shares of Fidelity Total Bond ETF by 4.5% during the 3rd quarter. tru Independence LLC now owns 455,303 shares of the company’s stock worth $19,715,000 after buying an additional 19,576 shares during the period. Investment Research Partners LLC increased its stake in shares of Fidelity Total Bond ETF by 36.7% in the 3rd quarter. Investment Research Partners LLC now owns 7,934 shares of the company’s stock valued at $344,000 after acquiring an additional 2,131 shares during the last quarter. Retirement Planning Group LLC boosted its stake in Fidelity Total Bond ETF by 5.2% during the 3rd quarter. Retirement Planning Group LLC now owns 3,317,717 shares of the company’s stock worth $143,657,000 after acquiring an additional 164,392 shares during the last quarter. Fairvoy Private Wealth LLC boosted its stake in Fidelity Total Bond ETF by 25.2% during the 3rd quarter. Fairvoy Private Wealth LLC now owns 34,688 shares of the company’s stock worth $1,502,000 after acquiring an additional 6,989 shares during the last quarter. Finally, LongView Wealth Management grew its holdings in Fidelity Total Bond ETF by 3.1% during the third quarter. LongView Wealth Management now owns 319,331 shares of the company’s stock valued at $13,827,000 after purchasing an additional 9,684 shares during the period.

Fidelity Total Bond ETF Stock Up 0.2%

NYSEARCA FBND traded up $0.07 during trading on Tuesday, reaching $43.75. 1,474,240 shares of the stock traded hands, compared to its average volume of 3,174,773. Fidelity Total Bond ETF has a fifty-two week low of $43.11 and a fifty-two week high of $46.86. The firm has a market cap of $28.20 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The stock’s 50-day moving average price is $44.25 and its 200 day moving average price is $45.03.

About Fidelity Total Bond ETF

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.