Fidelity Total Bond ETF $FBND Shares Acquired by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. increased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 316,985 shares of the company’s stock after buying an additional 32,322 shares during the period. Fidelity Total Bond ETF comprises approximately 2.0% of Physician Wealth Advisors Inc.’s holdings, making the stock its 13th biggest holding. Physician Wealth Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $14,461,000 at the end of the most recent quarter.

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

Fidelity Total Bond ETF Stock Down 0.2%

Shares of FBND stock opened at $45.40 on Thursday. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86. The company has a market cap of $26.52 billion, a P/E ratio of 8.94 and a beta of 0.27. The business has a 50 day moving average of $45.55 and a two-hundred day moving average of $45.91.

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.