Lido Advisors LLC Buys Shares of 43,578 Fidelity Total Bond ETF $FBND

Lido Advisors LLC bought a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 43,578 shares of the company’s stock, valued at approximately $1,996,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Dupree Financial Group LLC grew its holdings in shares of Fidelity Total Bond ETF by 1.6% during the 4th quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock valued at $651,000 after purchasing an additional 219 shares during the last quarter. Signature Equity Partners LLC increased its position in 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 in the last quarter. Insight Advisors LLC PA lifted its stake in Fidelity Total Bond ETF by 1.6% in the 1st quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock valued at $821,000 after purchasing an additional 291 shares during the last quarter. Investment Advisory Group LLC lifted its stake in Fidelity Total Bond ETF by 0.4% in the 4th quarter. Investment Advisory Group LLC now owns 71,185 shares of the company’s stock valued at $3,277,000 after purchasing an additional 303 shares during the last quarter. Finally, Keystone Financial Group boosted its position 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 buying an additional 315 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $44.97 on Monday. The company’s 50 day moving average price is $45.39 and its two-hundred day moving average price is $45.79. The firm has a market capitalization of $27.10 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a fifty-two week low of $44.82 and a fifty-two week high of $46.86.

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.