Fidelity Total Bond ETF $FBND Stock: Paragon Advisors LLC Boosts Holdings

Paragon Advisors LLC lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 23.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,953 shares of the company’s stock after purchasing an additional 16,784 shares during the quarter. Paragon Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $3,765,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in FBND. Signature Equity Partners LLC boosted its holdings in Fidelity Total Bond ETF by 5.4% during the first quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock worth $216,000 after purchasing an additional 244 shares during the last quarter. LCW Services LLC increased its stake in Fidelity Total Bond ETF by 3.1% in the 3rd quarter. LCW Services LLC now owns 8,913 shares of the company’s stock valued at $386,000 after buying an additional 272 shares during the last quarter. Verdence Capital Advisors LLC lifted its position in Fidelity Total Bond ETF by 5.6% during the 3rd quarter. Verdence Capital Advisors LLC now owns 5,380 shares of the company’s stock worth $233,000 after buying an additional 283 shares in the last quarter. Insight Advisors LLC PA lifted its position in Fidelity Total Bond ETF by 1.6% during the 1st quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock worth $821,000 after buying an additional 291 shares in the last quarter. Finally, Archer Investment Corp lifted its position in Fidelity Total Bond ETF by 17.2% during the 1st quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock worth $101,000 after buying an additional 325 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $44.33 on Monday. The firm has a 50-day moving average of $44.01 and a 200-day moving average of $45.23. Fidelity Total Bond ETF has a one year low of $43.11 and a one year high of $46.78. The company has a market cap of $28.58 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF 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.