Barry Investment Advisors LLC Has $5.87 Million Stake in Fidelity Total Bond ETF $FBND

Barry Investment Advisors LLC raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 22.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,125 shares of the company’s stock after buying an additional 23,595 shares during the period. Fidelity Total Bond ETF accounts for approximately 1.3% of Barry Investment Advisors LLC’s portfolio, making the stock its 19th biggest holding. Barry Investment Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $5,868,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Financial Management Network Inc. grew its holdings in Fidelity Total Bond ETF by 20.3% during the fourth quarter. Financial Management Network Inc. now owns 123,217 shares of the company’s stock valued at $5,673,000 after purchasing an additional 20,803 shares during the last quarter. Sunburst Financial Group LLC lifted its stake in shares of Fidelity Total Bond ETF by 2.6% in the fourth quarter. Sunburst Financial Group LLC now owns 1,110,436 shares of the company’s stock worth $51,124,000 after buying an additional 28,089 shares during the last quarter. Genesis Private Wealth LLC boosted its holdings in shares of Fidelity Total Bond ETF by 9.0% during the 4th quarter. Genesis Private Wealth LLC now owns 315,452 shares of the company’s stock worth $14,523,000 after buying an additional 26,093 shares during the period. OLIO Financial Planning boosted its holdings in shares of Fidelity Total Bond ETF by 5.8% during the 4th quarter. OLIO Financial Planning now owns 975,741 shares of the company’s stock worth $44,923,000 after buying an additional 53,318 shares during the period. Finally, Capital Wealth Management LLC boosted its holdings in shares of Fidelity Total Bond ETF by 9.3% during the 1st quarter. Capital Wealth Management LLC now owns 625,513 shares of the company’s stock worth $28,536,000 after buying an additional 53,398 shares during the period.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $45.82 on Monday. The firm has a market capitalization of $25.67 billion, a PE ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 1 year low of $44.82 and a 1 year high of $46.86. The firm’s fifty day simple moving average is $45.58 and its 200 day simple moving average is $45.92.

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.