Gladstone Institutional Advisory LLC Boosts Stock Holdings in Fidelity Total Bond ETF $FBND

Gladstone Institutional Advisory LLC grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 189,843 shares of the company’s stock after purchasing an additional 17,539 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Fidelity Total Bond ETF were worth $8,778,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of FBND. Keystone Wealth Services LLC raised its holdings in Fidelity Total Bond ETF by 3.7% during the 3rd quarter. Keystone Wealth Services LLC now owns 177,944 shares of the company’s stock valued at $8,228,000 after acquiring an additional 6,371 shares during the period. KG&L Capital Management LLC lifted its holdings in Fidelity Total Bond ETF by 167.8% during the 3rd quarter. KG&L Capital Management LLC now owns 50,936 shares of the company’s stock worth $2,355,000 after purchasing an additional 31,919 shares in the last quarter. D.A. Davidson & CO. boosted its stake in Fidelity Total Bond ETF by 165.1% in the 3rd quarter. D.A. Davidson & CO. now owns 243,323 shares of the company’s stock worth $11,251,000 after purchasing an additional 151,525 shares during the period. Foronjy Financial LLC grew its holdings in Fidelity Total Bond ETF by 10.8% during the 3rd quarter. Foronjy Financial LLC now owns 58,749 shares of the company’s stock valued at $2,717,000 after buying an additional 5,719 shares in the last quarter. Finally, Summit Financial Strategies Inc. increased its position in shares of Fidelity Total Bond ETF by 2.9% during the third quarter. Summit Financial Strategies Inc. now owns 2,005,230 shares of the company’s stock valued at $92,722,000 after buying an additional 57,045 shares during the period.

Fidelity Total Bond ETF Trading Up 0.2%

Shares of Fidelity Total Bond ETF stock opened at $46.13 on Tuesday. The company’s 50-day moving average price is $46.33 and its 200-day moving average price is $46.13. Fidelity Total Bond ETF has a 12-month low of $44.30 and a 12-month high of $46.86. The company has a market cap of $23.44 billion, a price-to-earnings 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.