Wealthcare Advisory Partners LLC Purchases 53,921 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Wealthcare Advisory Partners LLC raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,078,366 shares of the company’s stock after purchasing an additional 53,921 shares during the period. Fidelity Total Bond ETF accounts for approximately 1.3% of Wealthcare Advisory Partners LLC’s investment portfolio, making the stock its 15th largest holding. Wealthcare Advisory Partners LLC owned about 0.54% of Fidelity Total Bond ETF worth $48,386,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. FMR LLC grew its stake in Fidelity Total Bond ETF by 2.2% during the 3rd quarter. FMR LLC now owns 12,604,148 shares of the company’s stock worth $589,118,000 after buying an additional 267,811 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Fidelity Total Bond ETF by 11.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,169,480 shares of the company’s stock valued at $241,622,000 after purchasing an additional 520,113 shares in the last quarter. RFG Advisory LLC grew its position in shares of Fidelity Total Bond ETF by 9.6% in the third quarter. RFG Advisory LLC now owns 4,042,746 shares of the company’s stock valued at $188,958,000 after purchasing an additional 353,138 shares in the last quarter. Mather Group LLC. increased its stake in shares of Fidelity Total Bond ETF by 4,145.0% in the 3rd quarter. Mather Group LLC. now owns 3,544,982 shares of the company’s stock worth $165,692,000 after acquiring an additional 3,461,472 shares during the last quarter. Finally, Legacy Wealth Management Inc boosted its stake in Fidelity Total Bond ETF by 2.2% during the third quarter. Legacy Wealth Management Inc now owns 2,937,256 shares of the company’s stock worth $137,287,000 after buying an additional 62,805 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $44.96 on Friday. The firm’s 50-day moving average is $45.31 and its two-hundred day moving average is $45.84. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30. The firm has a market capitalization of $8.97 billion, a PE ratio of 8.85 and a beta of 0.19.

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.