Peterson Wealth Advisors LLC Raises Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Peterson Wealth Advisors LLC increased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 0.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,396 shares of the company’s stock after purchasing an additional 246 shares during the period. Peterson Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $1,467,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in FBND. Mather Group LLC. lifted its holdings in shares of Fidelity Total Bond ETF by 4,145.0% in the 3rd quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock valued at $165,692,000 after buying an additional 3,461,472 shares during the period. Summit Financial Strategies Inc. lifted its holdings in shares of Fidelity Total Bond ETF by 4,346.0% in the 2nd quarter. Summit Financial Strategies Inc. now owns 1,295,739 shares of the company’s stock valued at $58,218,000 after buying an additional 1,266,595 shares during the period. Crane Advisory LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $50,363,000. Quotient Wealth Partners LLC purchased a new position in Fidelity Total Bond ETF in the 2nd quarter valued at approximately $44,290,000. Finally, McKinley Carter Wealth Services Inc. increased its stake in Fidelity Total Bond ETF by 256.5% in the 3rd quarter. McKinley Carter Wealth Services Inc. now owns 1,355,457 shares of the company’s stock valued at $63,354,000 after purchasing an additional 975,262 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $45.71 on Monday. Fidelity Total Bond ETF has a 1-year low of $42.56 and a 1-year high of $47.30. The company has a market capitalization of $9.12 billion, a P/E ratio of 8.85 and a beta of 0.19. The business has a 50 day moving average price of $46.54 and a 200 day moving average price of $45.62.

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.