Fidelity Total Bond ETF $FBND Shares Acquired by PCA Investment Advisory Services Inc.

PCA Investment Advisory Services Inc. boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 22.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 355,324 shares of the company’s stock after acquiring an additional 64,541 shares during the period. Fidelity Total Bond ETF comprises approximately 5.7% of PCA Investment Advisory Services Inc.’s investment portfolio, making the stock its 5th largest position. PCA Investment Advisory Services Inc.’s holdings in Fidelity Total Bond ETF were worth $16,382,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity Total Bond ETF by 3.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 92,442,810 shares of the company’s stock valued at $4,256,067,000 after purchasing an additional 2,925,667 shares in the last quarter. Bank of America Corp DE grew its holdings in Fidelity Total Bond ETF by 5.6% during the 3rd quarter. Bank of America Corp DE now owns 12,954,872 shares of the company’s stock valued at $599,033,000 after purchasing an additional 683,930 shares in the last quarter. Sagespring Wealth Partners LLC grew its holdings in Fidelity Total Bond ETF by 3.2% during the 4th quarter. Sagespring Wealth Partners LLC now owns 10,181,189 shares of the company’s stock valued at $468,742,000 after purchasing an additional 311,221 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Fidelity Total Bond ETF by 5.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,199,410 shares of the company’s stock valued at $425,381,000 after purchasing an additional 445,810 shares in the last quarter. Finally, Dynasty Wealth Management LLC grew its holdings in Fidelity Total Bond ETF by 30.0% during the 4th quarter. Dynasty Wealth Management LLC now owns 8,650,398 shares of the company’s stock valued at $398,264,000 after purchasing an additional 1,993,799 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.1%

FBND opened at $45.53 on Wednesday. The company has a fifty day simple moving average of $45.64 and a 200 day simple moving average of $46.04. The firm has a market cap of $25.51 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a twelve month low of $44.82 and a twelve month high of $46.86.

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.