21,222 Fidelity Total Bond ETF $FBND Shares Bought by IFG Advisory LLC

IFG Advisory LLC grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 16.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 154,201 shares of the company’s stock after acquiring an additional 21,222 shares during the period. IFG Advisory LLC’s holdings in Fidelity Total Bond ETF were worth $6,677,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of FBND. Riverpoint Wealth Management Holdings LLC lifted its stake in shares of Fidelity Total Bond ETF by 5.1% in the 3rd quarter. Riverpoint Wealth Management Holdings LLC now owns 579,914 shares of the company’s stock valued at $25,110,000 after purchasing an additional 28,156 shares during the last quarter. Money Concepts Capital Corp increased its position in Fidelity Total Bond ETF by 33.9% during the third quarter. Money Concepts Capital Corp now owns 29,974 shares of the company’s stock worth $1,298,000 after buying an additional 7,591 shares during the last quarter. Allworth Financial LP increased its position in Fidelity Total Bond ETF by 452.1% during the third quarter. Allworth Financial LP now owns 1,544,121 shares of the company’s stock worth $70,242,000 after buying an additional 1,264,454 shares during the last quarter. Nikulski Financial Inc. increased its position in Fidelity Total Bond ETF by 4.4% during the third quarter. Nikulski Financial Inc. now owns 7,046 shares of the company’s stock worth $305,000 after buying an additional 294 shares during the last quarter. Finally, Endeavor Private Wealth Inc. increased its position in Fidelity Total Bond ETF by 25.3% during the third quarter. Endeavor Private Wealth Inc. now owns 10,836 shares of the company’s stock worth $471,000 after buying an additional 2,188 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.1%

NYSEARCA FBND traded down $0.04 during trading on Friday, hitting $43.68. 9,278,353 shares of the company traded hands, compared to its average volume of 3,308,511. Fidelity Total Bond ETF has a 12 month low of $43.11 and a 12 month high of $46.78. The business has a fifty day simple moving average of $43.93 and a 200 day simple moving average of $45.17. The company has a market capitalization of $28.16 billion, a P/E 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.