Consolidated Portfolio Review Corp Makes New $407,000 Investment in Fidelity Total Bond ETF (NYSEARCA:FBND)

Consolidated Portfolio Review Corp acquired a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 8,704 shares of the company’s stock, valued at approximately $407,000.

Other large investors also recently modified their holdings of the company. Northwest Investment Counselors LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth about $30,000. Transcendent Capital Group LLC acquired a new stake in shares of Fidelity Total Bond ETF during the second quarter worth approximately $32,000. Centerpoint Advisors LLC bought a new position in shares of Fidelity Total Bond ETF in the first quarter valued at approximately $37,000. Strategic Financial Concepts LLC acquired a new position in shares of Fidelity Total Bond ETF in the 2nd quarter worth approximately $49,000. Finally, Bell Investment Advisors Inc bought a new stake in Fidelity Total Bond ETF during the 2nd quarter worth approximately $55,000.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $45.71 on Friday. The company has a market cap of $9.12 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The stock has a fifty day moving average price of $46.54 and a two-hundred day moving average price of $45.62. Fidelity Total Bond ETF has a 52-week low of $42.56 and a 52-week high of $47.30.

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.