Fidelity Total Bond ETF $FBND Shares Bought by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lifted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 1,565,006 shares of the company’s stock after buying an additional 41,007 shares during the period. Fidelity Total Bond ETF makes up 1.3% of Wealthcare Advisory Partners LLC’s holdings, making the stock its 11th largest holding. Wealthcare Advisory Partners LLC’s holdings in Fidelity Total Bond ETF were worth $71,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. First Bank & Trust raised its holdings in Fidelity Total Bond ETF by 26.5% during the second quarter. First Bank & Trust now owns 42,396 shares of the company’s stock worth $1,929,000 after purchasing an additional 8,870 shares during the last quarter. Barry Investment Advisors LLC grew its holdings in Fidelity Total Bond ETF by 36.7% in the second quarter. Barry Investment Advisors LLC now owns 175,149 shares of the company’s stock valued at $7,997,000 after purchasing an additional 47,024 shares during the last quarter. World Equity Group Inc. increased its position in shares of Fidelity Total Bond ETF by 9.2% in the second quarter. World Equity Group Inc. now owns 19,037 shares of the company’s stock valued at $866,000 after buying an additional 1,603 shares in the last quarter. Professional Financial Advisors LLC increased its position in shares of Fidelity Total Bond ETF by 6.2% in the second quarter. Professional Financial Advisors LLC now owns 60,375 shares of the company’s stock valued at $2,746,000 after buying an additional 3,544 shares in the last quarter. Finally, Legacy Wealth Management LLC raised its stake in shares of Fidelity Total Bond ETF by 57.0% during the 2nd quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock worth $249,987,000 after buying an additional 1,995,732 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.3%

NYSEARCA:FBND opened at $44.86 on Tuesday. Fidelity Total Bond ETF has a 52-week low of $44.65 and a 52-week high of $46.86. The stock has a fifty day simple moving average of $45.30 and a 200-day simple moving average of $45.69. The company has a market capitalization of $27.18 billion, a PE 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.