Fidelity Total Bond ETF (NYSEARCA:FBND) is CPA Asset Management LLC’s Largest Position

CPA Asset Management LLC boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 1.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 566,074 shares of the company’s stock after acquiring an additional 7,426 shares during the period. Fidelity Total Bond ETF comprises approximately 12.8% of CPA Asset Management LLC’s holdings, making the stock its biggest holding. CPA Asset Management LLC owned 0.28% of Fidelity Total Bond ETF worth $26,458,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Capital CS Group LLC boosted its position in 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 period. Regatta Capital Group LLC grew its position in Fidelity Total Bond ETF by 2.3% in the 3rd quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock worth $641,000 after purchasing an additional 304 shares during the last quarter. Arkadios Wealth Advisors grew its position in Fidelity Total Bond ETF by 5.5% in 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. Capital Planning LLC boosted its holdings in shares of Fidelity Total Bond ETF by 0.9% in the second quarter. Capital Planning LLC now owns 45,501 shares of the company’s stock valued at $2,053,000 after acquiring an additional 388 shares in the last quarter. Finally, FinTrust Capital Advisors LLC boosted its holdings in shares of Fidelity Total Bond ETF by 7.5% in the first quarter. FinTrust Capital Advisors LLC now owns 5,675 shares of the company’s stock valued at $257,000 after acquiring an additional 394 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $45.83 on Wednesday. Fidelity Total Bond ETF has a 12-month low of $42.45 and a 12-month high of $47.30. The stock has a market capitalization of $9.15 billion, a PE ratio of 8.85 and a beta of 0.19. The firm has a 50 day simple moving average of $46.58 and a 200-day simple moving average of $45.61.

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.