Lineweaver Wealth Advisors LLC Raises Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Lineweaver Wealth Advisors LLC boosted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 563,975 shares of the company’s stock after purchasing an additional 34,466 shares during the period. Fidelity Total Bond ETF accounts for approximately 4.7% of Lineweaver Wealth Advisors LLC’s portfolio, making the stock its 3rd biggest position. Lineweaver Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $25,316,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. raised its holdings in Fidelity Total Bond ETF by 3.1% in the third quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock worth $1,869,000 after buying an additional 1,188 shares during the last quarter. Arete Wealth Advisors LLC raised its holdings in Fidelity Total Bond ETF by 78.3% in the 3rd quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock worth $20,923,000 after acquiring an additional 196,783 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Fidelity Total Bond ETF by 11.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock worth $241,622,000 after acquiring an additional 520,113 shares during the last quarter. Centerline Wealth Advisors LLC bought a new position in Fidelity Total Bond ETF in the 4th quarter valued at approximately $15,492,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co boosted its stake in Fidelity Total Bond ETF by 3.5% during the 3rd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 608,721 shares of the company’s stock valued at $28,452,000 after purchasing an additional 20,500 shares during the last quarter.

Fidelity Total Bond ETF Trading Up 0.2 %

Fidelity Total Bond ETF stock opened at $45.88 on Thursday. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The stock has a fifty day simple moving average of $45.06 and a two-hundred day simple moving average of $45.77. The firm has a market cap of $9.16 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

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.