Fidelity Total Bond ETF (NYSEARCA:FBND) Position Raised by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. raised its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 627,108 shares of the company’s stock after buying an additional 51,693 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $28,872,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in Fidelity Total Bond ETF by 2,874.0% during the third quarter. JPMorgan Chase & Co. now owns 3,007,184 shares of the company’s stock valued at $130,996,000 after buying an additional 2,906,069 shares in the last quarter. FMR LLC lifted its holdings in Fidelity Total Bond ETF by 26,366.0% in the 3rd quarter. FMR LLC now owns 2,086,842 shares of the company’s stock valued at $90,903,000 after acquiring an additional 2,078,957 shares during the last quarter. Harbor Group Inc. boosted its position in shares of Fidelity Total Bond ETF by 9,428.8% during the 4th quarter. Harbor Group Inc. now owns 756,489 shares of the company’s stock valued at $34,829,000 after purchasing an additional 748,550 shares in the last quarter. Sherrill & Hutchins Financial Advisory Inc acquired a new position in shares of Fidelity Total Bond ETF in the 4th quarter worth approximately $33,506,000. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Fidelity Total Bond ETF by 83.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,536,701 shares of the company’s stock worth $70,750,000 after purchasing an additional 697,993 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.1 %

FBND stock traded up $0.04 on Friday, hitting $44.85. 812,265 shares of the company’s stock traded hands, compared to its average volume of 1,288,548. The stock has a market cap of $8.95 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a 1-year low of $42.45 and a 1-year high of $46.21. The stock has a fifty day moving average of $44.75 and a 200-day moving average of $45.03.

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.