Fidelity Total Bond ETF (NYSEARCA:FBND) Holdings Raised by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lifted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 21.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 278,995 shares of the company’s stock after buying an additional 49,597 shares during the period. Foundations Investment Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $12,518,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of FBND. Rockefeller Capital Management L.P. increased its holdings in Fidelity Total Bond ETF by 3.1% in the third quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock valued at $1,869,000 after purchasing an additional 1,188 shares during the last quarter. Marshall Financial Group LLC acquired a new position in Fidelity Total Bond ETF during the third quarter valued at approximately $843,000. Arete Wealth Advisors LLC boosted its position in Fidelity Total Bond ETF by 78.3% during the third quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock valued at $20,923,000 after purchasing an additional 196,783 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Fidelity Total Bond ETF by 31.7% in the second quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock valued at $71,519,000 after buying an additional 383,302 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Fidelity Total Bond ETF by 11.2% in the third quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after buying an additional 520,113 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.3 %

Shares of NYSEARCA FBND opened at $45.14 on Monday. The firm has a market cap of $9.01 billion, a P/E ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 1-year low of $44.01 and a 1-year high of $47.30. The business’s 50 day moving average is $45.26 and its 200-day moving average is $45.85.

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.