Financial Synergies Wealth Advisors Inc. lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 45.5% in the fourth quarter, HoldingsChannel reports. The firm owned 61,697 shares of the company’s stock after buying an additional 19,301 shares during the quarter. Fidelity Total Bond ETF makes up approximately 0.3% of Financial Synergies Wealth Advisors Inc.’s holdings, making the stock its 29th biggest holding. Financial Synergies Wealth Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $2,768,000 as of its most recent filing with the SEC.
Several other large investors have also recently added to or reduced their stakes in FBND. Wealthcare Capital Management LLC increased its position in shares of Fidelity Total Bond ETF by 3.0% during the fourth quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock worth $356,000 after acquiring an additional 231 shares during the period. Dupree Financial Group LLC grew its stake in Fidelity Total Bond ETF by 1.6% during the 4th quarter. Dupree Financial Group LLC now owns 15,086 shares of the company’s stock worth $677,000 after purchasing an additional 238 shares in the last quarter. Peterson Wealth Advisors LLC increased its holdings in Fidelity Total Bond ETF by 0.8% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock worth $1,467,000 after purchasing an additional 246 shares during the period. Regatta Capital Group LLC raised 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 valued at $641,000 after purchasing an additional 304 shares in the last quarter. Finally, Tritonpoint Wealth LLC boosted its stake in shares of Fidelity Total Bond ETF by 1.7% in the 4th quarter. Tritonpoint Wealth LLC now owns 18,718 shares of the company’s stock valued at $844,000 after buying an additional 311 shares during the period.
Fidelity Total Bond ETF Stock Performance
FBND stock opened at $45.35 on Friday. Fidelity Total Bond ETF has a fifty-two week low of $44.01 and a fifty-two week high of $47.30. The company’s 50 day moving average price is $45.19 and its 200 day moving average price is $45.82. The firm has a market capitalization of $9.05 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.
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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