J.W. Cole Advisors Inc. Boosts Holdings in Fidelity Total Bond ETF $FBND

J.W. Cole Advisors Inc. lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 244,715 shares of the company’s stock after purchasing an additional 23,230 shares during the period. J.W. Cole Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $10,992,000 as of its most recent SEC filing.

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

Fidelity Total Bond ETF Trading Up 0.1%

NYSEARCA:FBND opened at $45.49 on Friday. The company has a 50-day moving average price of $45.64 and a 200-day moving average price of $46.02. Fidelity Total Bond ETF has a 12 month low of $44.82 and a 12 month high of $46.86. The stock has a market cap of $25.49 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.

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.