JFS Wealth Advisors LLC Has $1.40 Million Stake in Fidelity Total Bond ETF (NYSEARCA:FBND)

JFS Wealth Advisors LLC increased its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 484.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,936 shares of the company’s stock after acquiring an additional 24,811 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $1,399,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Northwest Investment Counselors LLC bought a new stake in shares of Fidelity Total Bond ETF during the third quarter worth $30,000. Transcendent Capital Group LLC acquired a new stake in Fidelity Total Bond ETF in the second quarter worth about $32,000. Centerpoint Advisors LLC bought a new stake in Fidelity Total Bond ETF during the 1st quarter worth about $37,000. Highline Wealth Partners LLC bought a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at about $47,000. Finally, Strategic Financial Concepts LLC acquired a new stake in Fidelity Total Bond ETF during the 2nd quarter worth $49,000.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $45.56 on Thursday. The company’s 50 day simple moving average is $46.49 and its 200 day simple moving average is $45.65. The firm has a market capitalization of $9.09 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a fifty-two week low of $42.65 and a fifty-two week high of $47.30.

About Fidelity Total Bond ETF

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.