Capital Analysts LLC Buys 353,902 Shares of Fidelity Total Bond ETF $FBND

Capital Analysts LLC boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 11.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,506,392 shares of the company’s stock after buying an additional 353,902 shares during the period. Fidelity Total Bond ETF accounts for about 3.7% of Capital Analysts LLC’s portfolio, making the stock its 3rd largest holding. Capital Analysts LLC owned 0.58% of Fidelity Total Bond ETF worth $159,506,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Wealth Management LLC increased its stake 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 worth $28,536,000 after acquiring an additional 53,398 shares during the last quarter. Valley Wealth Managers Inc. grew its holdings in shares of Fidelity Total Bond ETF by 149.5% in the fourth quarter. Valley Wealth Managers Inc. now owns 62,724 shares of the company’s stock valued at $2,888,000 after purchasing an additional 37,588 shares during the period. USAdvisors Wealth Management LLC increased its position in Fidelity Total Bond ETF by 5.3% during the fourth quarter. USAdvisors Wealth Management LLC now owns 243,175 shares of the company’s stock worth $11,195,000 after purchasing an additional 12,241 shares during the last quarter. Barry Investment Advisors LLC increased its position in Fidelity Total Bond ETF by 36.7% during the second quarter. Barry Investment Advisors LLC now owns 175,149 shares of the company’s stock worth $7,997,000 after purchasing an additional 47,024 shares during the last quarter. Finally, Hicks Capital Management LLC raised its stake in Fidelity Total Bond ETF by 11.3% during the fourth quarter. Hicks Capital Management LLC now owns 251,938 shares of the company’s stock worth $11,599,000 after purchasing an additional 25,669 shares during the period.

Fidelity Total Bond ETF Stock Performance

FBND opened at $44.67 on Wednesday. The stock has a market capitalization of $27.06 billion, a PE ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a one year low of $44.59 and a one year high of $46.86. The business’s 50 day moving average price is $45.02 and its 200 day moving average price is $45.50.

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.