Janney Montgomery Scott LLC Has $8.42 Million Holdings in Fidelity Total Bond ETF $FBND

Janney Montgomery Scott LLC boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 44.3% in the first quarter, Holdings Channel.com reports. The firm owned 184,485 shares of the company’s stock after purchasing an additional 56,618 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Fidelity Total Bond ETF were worth $8,416,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new stake in shares of Fidelity Total Bond ETF during the fourth quarter valued at about $25,000. GHP Investment Advisors Inc. acquired a new position in shares of Fidelity Total Bond ETF in the first quarter valued at approximately $25,000. Rialto Wealth Management LLC acquired a new position in shares of Fidelity Total Bond ETF in the fourth quarter valued at approximately $32,000. Tucker Asset Management LLC bought a new position in Fidelity Total Bond ETF in the 4th quarter valued at approximately $37,000. Finally, Key Capital Management INC bought a new position in Fidelity Total Bond ETF in the 4th quarter valued at approximately $49,000.

Fidelity Total Bond ETF Price Performance

NYSEARCA:FBND opened at $45.47 on Friday. Fidelity Total Bond ETF has a one year low of $44.82 and a one year high of $46.86. The company has a market cap of $26.56 billion, a PE ratio of 8.94 and a beta of 0.27. The firm’s 50 day simple moving average is $45.53 and its 200 day simple moving average is $45.90.

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.