15,798 Shares in Fidelity Total Bond ETF $FBND Bought by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC purchased a new stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 15,798 shares of the company’s stock, valued at approximately $684,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Waverly Advisors LLC grew its holdings in Fidelity Total Bond ETF by 521.8% in the 2nd quarter. Waverly Advisors LLC now owns 3,836,584 shares of the company’s stock worth $174,526,000 after buying an additional 3,219,570 shares in the last quarter. Sax Wealth Advisors LLC increased its position in Fidelity Total Bond ETF by 49.8% in the 3rd quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock valued at $291,320,000 after acquiring an additional 2,236,473 shares during the period. Legacy Wealth Management LLC increased its position in Fidelity Total Bond ETF by 57.0% in the 2nd quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock valued at $249,987,000 after acquiring an additional 1,995,732 shares during the period. Modern Wealth Management LLC raised its stake in Fidelity Total Bond ETF by 38.3% during the 1st quarter. Modern Wealth Management LLC now owns 5,015,653 shares of the company’s stock valued at $228,764,000 after acquiring an additional 1,388,283 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in Fidelity Total Bond ETF by 15.9% during the 1st quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock valued at $310,268,000 after acquiring an additional 930,834 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of FBND stock opened at $44.29 on Thursday. Fidelity Total Bond ETF has a 1 year low of $43.11 and a 1 year high of $46.78. The stock has a fifty day moving average of $44.04 and a two-hundred day moving average of $45.24. The firm has a market capitalization of $28.55 billion, a PE 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.