Fidelity Total Bond ETF $FBND Shares Acquired by Waverly Advisors LLC

Waverly Advisors LLC increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.3% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 617,014 shares of the company’s stock after acquiring an additional 25,505 shares during the quarter. Waverly Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $28,148,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in FBND. Dupree Financial Group LLC lifted its stake in shares of Fidelity Total Bond ETF by 1.6% in the fourth quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock worth $651,000 after buying an additional 219 shares in the last quarter. Signature Equity Partners LLC grew its holdings in shares of Fidelity Total Bond ETF by 5.4% during the 1st quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock worth $216,000 after purchasing an additional 244 shares during the period. Insight Advisors LLC PA grew its stake in shares of Fidelity Total Bond ETF by 1.6% in the first quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock valued at $821,000 after buying an additional 291 shares in the last quarter. Investment Advisory Group LLC lifted its stake in Fidelity Total Bond ETF by 0.4% in the fourth quarter. Investment Advisory Group LLC now owns 71,185 shares of the company’s stock worth $3,277,000 after acquiring an additional 303 shares during the last quarter. Finally, Keystone Financial Group boosted its stake in Fidelity Total Bond ETF by 3.1% in the third quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock valued at $477,000 after acquiring an additional 315 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.1%

NYSEARCA FBND opened at $44.97 on Friday. The firm has a market cap of $27.10 billion, a P/E ratio of 8.94 and a beta of 0.27. The business’s 50-day moving average price is $45.39 and its 200 day moving average price is $45.79. Fidelity Total Bond ETF has a 52-week low of $44.82 and a 52-week 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.