Barry Investment Advisors LLC grew its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 28.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,226 shares of the company’s stock after purchasing an additional 9,201 shares during the period. Barry Investment Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $1,934,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in FBND. Northwest Investment Counselors LLC purchased a new stake in shares of Fidelity Total Bond ETF in the third quarter valued at approximately $30,000. Transcendent Capital Group LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter worth $32,000. Centerpoint Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF in the first quarter valued at about $37,000. Strategic Financial Concepts LLC purchased a new stake in Fidelity Total Bond ETF during the second quarter worth about $49,000. Finally, Bell Investment Advisors Inc acquired a new position in Fidelity Total Bond ETF during the second quarter worth about $55,000.
Fidelity Total Bond ETF Trading Down 0.1 %
FBND stock opened at $45.67 on Tuesday. The company has a market cap of $9.11 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The firm has a 50 day moving average of $46.53 and a 200-day moving average of $45.64. Fidelity Total Bond ETF has a 12-month low of $42.56 and a 12-month high of $47.30.
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.
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Want to see what other hedge funds are holding FBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report).
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