Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Purchased by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 18.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 35,356 shares of the company’s stock after purchasing an additional 5,420 shares during the period. JFS Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $1,586,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Wealthcare Capital Management LLC raised its position in Fidelity Total Bond ETF by 3.0% in the 4th quarter. Wealthcare Capital Management LLC now owns 7,935 shares of the company’s stock valued at $356,000 after purchasing an additional 231 shares during the last quarter. Dupree Financial Group LLC raised its holdings in shares of Fidelity Total Bond ETF by 1.6% in the fourth quarter. Dupree Financial Group LLC now owns 15,086 shares of the company’s stock valued at $677,000 after buying an additional 238 shares during the last quarter. Peterson Wealth Advisors LLC raised its holdings in shares of Fidelity Total Bond ETF by 0.8% in the third quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock valued at $1,467,000 after buying an additional 246 shares during the last quarter. Tritonpoint Wealth LLC boosted its stake in shares of Fidelity Total Bond ETF by 1.7% during the fourth quarter. Tritonpoint Wealth LLC now owns 18,718 shares of the company’s stock worth $844,000 after buying an additional 311 shares during the period. Finally, Galvin Gaustad & Stein LLC grew its holdings in shares of Fidelity Total Bond ETF by 0.8% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 48,479 shares of the company’s stock worth $2,175,000 after buying an additional 386 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.4 %

FBND opened at $45.32 on Monday. Fidelity Total Bond ETF has a 52 week low of $44.01 and a 52 week high of $47.30. The business has a 50 day moving average price of $45.09 and a two-hundred day moving average price of $45.81. The company has a market cap of $9.04 billion, a PE ratio of 8.85 and a beta of 0.19.

About Fidelity Total Bond ETF

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.