Rise Advisors LLC Purchases 5,038 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Rise Advisors LLC grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 57.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,842 shares of the company’s stock after purchasing an additional 5,038 shares during the period. Rise Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $647,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Koshinski Asset Management Inc. acquired a new stake in Fidelity Total Bond ETF in the 3rd quarter valued at approximately $899,000. Professional Financial Advisors LLC grew its stake in shares of Fidelity Total Bond ETF by 33.7% during the 3rd quarter. Professional Financial Advisors LLC now owns 44,097 shares of the company’s stock worth $2,061,000 after acquiring an additional 11,118 shares in the last quarter. Concourse Financial Group Securities Inc. raised its holdings in shares of Fidelity Total Bond ETF by 23.3% in the third quarter. Concourse Financial Group Securities Inc. now owns 24,081 shares of the company’s stock valued at $1,129,000 after purchasing an additional 4,552 shares during the last quarter. Carnegie Investment Counsel lifted its position in shares of Fidelity Total Bond ETF by 4.8% in the third quarter. Carnegie Investment Counsel now owns 76,099 shares of the company’s stock worth $3,557,000 after purchasing an additional 3,485 shares in the last quarter. Finally, Retirement Planning Group LLC boosted its holdings in Fidelity Total Bond ETF by 102.0% during the third quarter. Retirement Planning Group LLC now owns 940,971 shares of the company’s stock worth $43,981,000 after purchasing an additional 475,180 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $46.07 on Monday. Fidelity Total Bond ETF has a 1-year low of $42.45 and a 1-year high of $47.30. The company has a fifty day simple moving average of $46.59 and a 200 day simple moving average of $45.56. The company has a market cap of $9.19 billion, a P/E 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.