68,712 Fidelity Total Bond ETF $FBND Shares Purchased by Apella Capital LLC

Apella Capital LLC boosted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 25.1% in the third quarter, according to its most recent filing with the SEC. The firm owned 341,964 shares of the company’s stock after acquiring an additional 68,712 shares during the period. Apella Capital LLC owned 0.05% of Fidelity Total Bond ETF worth $14,814,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. bought a new stake in Fidelity Total Bond ETF during the 1st quarter worth approximately $25,000. Community Financial Services Group LLC bought a new position in shares of Fidelity Total Bond ETF during the second quarter worth about $32,000. Maryland Capital Advisors Inc. bought a new position in shares of Fidelity Total Bond ETF during the 2nd quarter worth approximately $37,000. Manning & Napier Advisors LLC acquired a new stake in Fidelity Total Bond ETF in the 1st quarter valued at $53,000. Finally, Sound Income Strategies LLC lifted its position in Fidelity Total Bond ETF by 180.6% during the 1st quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock worth $60,000 after buying an additional 847 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.2%

Shares of Fidelity Total Bond ETF stock traded up $0.09 during trading hours on Thursday, reaching $43.41. 2,201,300 shares of the company’s stock were exchanged, compared to its average volume of 3,119,791. The company has a 50 day moving average of $44.46 and a two-hundred day moving average of $45.15. Fidelity Total Bond ETF has a fifty-two week low of $43.11 and a fifty-two week high of $46.86. The stock has a market cap of $27.98 billion, a P/E ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF Company 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.