World Investment Advisors LLC Has $8.62 Million Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

World Investment Advisors LLC grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 23.2% during the third quarter, Holdings Channel.com reports. The firm owned 184,410 shares of the company’s stock after buying an additional 34,682 shares during the period. World Investment Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $8,619,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Mark Sheptoff Financial Planning LLC acquired a new stake in Fidelity Total Bond ETF during the third quarter valued at $25,000. Northwest Investment Counselors LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter valued at about $30,000. Transcendent Capital Group LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter valued at about $32,000. Highline Wealth Partners LLC bought a new stake in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $47,000. Finally, Strategic Financial Concepts LLC acquired a new position in Fidelity Total Bond ETF in the second quarter worth approximately $49,000.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $45.66 on Friday. The firm has a market cap of $9.11 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a twelve month low of $44.01 and a twelve month high of $47.30. The firm’s 50 day moving average price is $45.77 and its 200 day moving average price is $45.87.

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.