Aptus Capital Advisors LLC Purchases Shares of 871,158 Fidelity Total Bond ETF (NYSEARCA:FBND)

Aptus Capital Advisors LLC purchased a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 871,158 shares of the company’s stock, valued at approximately $40,718,000. Aptus Capital Advisors LLC owned 0.44% of Fidelity Total Bond ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FBND. Country Trust Bank grew its stake in shares of Fidelity Total Bond ETF by 12.7% during the second quarter. Country Trust Bank now owns 5,960,744 shares of the company’s stock valued at $267,816,000 after purchasing an additional 672,872 shares during the last quarter. RFG Advisory LLC raised its holdings in shares of Fidelity Total Bond ETF by 9.6% in the third quarter. RFG Advisory LLC now owns 4,042,746 shares of the company’s stock valued at $188,958,000 after purchasing an additional 353,138 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Fidelity Total Bond ETF by 27.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,824,123 shares of the company’s stock worth $171,818,000 after purchasing an additional 825,448 shares in the last quarter. Mather Group LLC. increased its position in Fidelity Total Bond ETF by 4,145.0% during the third quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock worth $165,692,000 after buying an additional 3,461,472 shares during the last quarter. Finally, Legacy Wealth Management Inc increased its stake in shares of Fidelity Total Bond ETF by 2.2% during the third quarter. Legacy Wealth Management Inc now owns 2,937,256 shares of the company’s stock worth $137,287,000 after purchasing an additional 62,805 shares during the period.

Fidelity Total Bond ETF Price Performance

FBND stock traded down $0.11 during midday trading on Tuesday, reaching $45.51. The company had a trading volume of 282,780 shares, compared to its average volume of 1,657,981. Fidelity Total Bond ETF has a 1-year low of $43.34 and a 1-year high of $47.30. The stock has a 50 day moving average price of $46.33 and a 200-day moving average price of $45.73. The company has a market capitalization of $9.08 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.