Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 39.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,379,142 shares of the company’s stock after purchasing an additional 669,838 shares during the period. Commonwealth Equity Services LLC owned about 1.19% of Fidelity Total Bond ETF worth $111,201,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Raymond James & Associates lifted its holdings in Fidelity Total Bond ETF by 14.1% in the 3rd quarter. Raymond James & Associates now owns 1,357,174 shares of the company’s stock valued at $63,434,000 after purchasing an additional 168,180 shares in the last quarter. KMG Fiduciary Partners LLC acquired a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at about $2,894,000. Precedent Wealth Partners LLC acquired a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at about $247,000. Stratos Investment Management LLC purchased a new position in shares of Fidelity Total Bond ETF in the third quarter worth about $1,740,000. Finally, Stratos Wealth Advisors LLC boosted its position in Fidelity Total Bond ETF by 5.5% during the third quarter. Stratos Wealth Advisors LLC now owns 45,486 shares of the company’s stock worth $2,126,000 after acquiring an additional 2,366 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.1 %

FBND stock traded up $0.04 during mid-day trading on Friday, reaching $46.14. The company’s stock had a trading volume of 937,971 shares, compared to its average volume of 1,341,126. The stock has a market cap of $9.21 billion, a PE ratio of 8.85 and a beta of 0.19. The company’s 50 day moving average is $46.60 and its two-hundred day moving average is $45.59. Fidelity Total Bond ETF has a fifty-two week low of $42.45 and a fifty-two 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.