EWG Elevate Inc. Buys 3,844 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

EWG Elevate Inc. lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 25.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,229 shares of the company’s stock after acquiring an additional 3,844 shares during the quarter. EWG Elevate Inc.’s holdings in Fidelity Total Bond ETF were worth $864,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Wheelhouse Advisory Group LLC boosted its stake in shares of Fidelity Total Bond ETF by 1.8% during the 1st quarter. Wheelhouse Advisory Group LLC now owns 12,517 shares of the company’s stock worth $567,000 after acquiring an additional 227 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Fidelity Total Bond ETF by 15.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,720 shares of the company’s stock worth $79,000 after purchasing an additional 228 shares during the last quarter. Capital CS Group LLC lifted its position in shares of Fidelity Total Bond ETF by 5.1% during the 2nd quarter. Capital CS Group LLC now owns 6,027 shares of the company’s stock worth $271,000 after purchasing an additional 294 shares during the last quarter. Arkadios Wealth Advisors lifted its position in shares of Fidelity Total Bond ETF by 5.5% during the 1st quarter. Arkadios Wealth Advisors now owns 6,244 shares of the company’s stock worth $283,000 after purchasing an additional 323 shares during the last quarter. Finally, CGN Advisors LLC lifted its position in shares of Fidelity Total Bond ETF by 3.0% during the 1st quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock worth $519,000 after purchasing an additional 336 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA FBND traded up $0.18 during trading hours on Tuesday, hitting $46.36. 1,072,597 shares of the company’s stock were exchanged, compared to its average volume of 1,265,977. Fidelity Total Bond ETF has a 1-year low of $42.45 and a 1-year high of $46.71. The stock has a market capitalization of $9.25 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The company’s 50-day moving average price is $45.46 and its 200-day moving average price is $45.14.

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.