146,305 Shares in Fidelity Total Bond ETF $FBND Acquired by Sentinel Advisory Group LLC

Sentinel Advisory Group LLC bought a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 146,305 shares of the company’s stock, valued at approximately $6,674,000. Fidelity Total Bond ETF accounts for 3.3% of Sentinel Advisory Group LLC’s holdings, making the stock its 11th biggest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FBND. Morgan Stanley boosted its stake in shares of Fidelity Total Bond ETF by 16.2% during the 4th quarter. Morgan Stanley now owns 34,716,320 shares of the company’s stock worth $1,598,339,000 after acquiring an additional 4,830,198 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Fidelity Total Bond ETF by 3.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock valued at $4,139,273,000 after acquiring an additional 3,390,440 shares during the period. Align Financial LLC purchased a new stake in shares of Fidelity Total Bond ETF in the 4th quarter worth $141,726,000. JPMorgan Chase & Co. increased its stake in shares of Fidelity Total Bond ETF by 25.8% in the 4th quarter. JPMorgan Chase & Co. now owns 11,574,323 shares of the company’s stock worth $532,882,000 after purchasing an additional 2,374,913 shares in the last quarter. Finally, Dynasty Wealth Management LLC increased its stake in shares of Fidelity Total Bond ETF by 30.0% in the 4th quarter. Dynasty Wealth Management LLC now owns 8,650,398 shares of the company’s stock worth $398,264,000 after purchasing an additional 1,993,799 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of Fidelity Total Bond ETF stock opened at $44.97 on Friday. The stock has a market cap of $27.10 billion, a P/E ratio of 8.94 and a beta of 0.27. The stock’s fifty day moving average is $45.39 and its 200 day moving average is $45.79. Fidelity Total Bond ETF has a one year low of $44.82 and a one year high of $46.86.

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.