Bryant Woods Investment Advisors LLC Invests $1.50 Million in Fidelity Total Bond ETF (NYSEARCA:FBND)

Bryant Woods Investment Advisors LLC acquired a new stake in Fidelity Total Bond ETF (NYSEARCA:FBND) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 33,398 shares of the company’s stock, valued at approximately $1,499,000. Fidelity Total Bond ETF comprises 0.7% of Bryant Woods Investment Advisors LLC’s holdings, making the stock its 17th biggest position.

A number of other large investors have also added to or reduced their stakes in FBND. Renaissance Technologies LLC bought a new position in shares of Fidelity Total Bond ETF during the second quarter valued at $2,687,000. Bank of Montreal Can raised its position in Fidelity Total Bond ETF by 17.9% during the 2nd quarter. Bank of Montreal Can now owns 9,217 shares of the company’s stock worth $419,000 after purchasing an additional 1,397 shares during the last quarter. Susquehanna International Group LLP lifted its holdings in Fidelity Total Bond ETF by 2,296.1% during the 2nd quarter. Susquehanna International Group LLP now owns 278,262 shares of the company’s stock worth $12,502,000 after buying an additional 266,649 shares during the period. Magnolia Capital Advisors LLC bought a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at about $5,132,000. Finally, Creative Planning increased its stake in shares of Fidelity Total Bond ETF by 3.3% in the second quarter. Creative Planning now owns 75,020 shares of the company’s stock valued at $3,371,000 after buying an additional 2,380 shares during the period.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $45.01 on Monday. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30. The stock’s 50 day moving average is $45.26 and its 200 day moving average is $45.84. The firm has a market cap of $8.98 billion, a P/E ratio of 8.85 and a beta of 0.19.

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.