Fidelity Total Bond ETF $FBND Holdings Lifted by Pension & Wealth Management Advisors Inc.

Pension & Wealth Management Advisors Inc. boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 15.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 696,387 shares of the company’s stock after acquiring an additional 93,070 shares during the period. Fidelity Total Bond ETF comprises 6.8% of Pension & Wealth Management Advisors Inc.’s investment portfolio, making the stock its 2nd biggest holding. Pension & Wealth Management Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $30,154,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FBND. GHP Investment Advisors Inc. purchased a new stake in Fidelity Total Bond ETF during the first quarter worth approximately $25,000. Community Financial Services Group LLC purchased a new position in Fidelity Total Bond ETF in the second quarter valued at approximately $32,000. Maryland Capital Advisors Inc. acquired a new stake in Fidelity Total Bond ETF during the second quarter worth approximately $37,000. Manning & Napier Advisors LLC acquired a new stake in Fidelity Total Bond ETF during the first quarter worth approximately $53,000. Finally, Sound Income Strategies LLC lifted its position in shares of 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 during the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock traded down $0.01 during trading hours on Friday, hitting $43.82. The company had a trading volume of 5,305,343 shares, compared to its average volume of 3,184,228. The company’s 50-day moving average is $44.27 and its two-hundred day moving average is $45.05. Fidelity Total Bond ETF has a twelve month low of $43.11 and a twelve month high of $46.86. The company has a market cap of $28.25 billion, a P/E ratio of 8.94 and a beta of 0.28.

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.