Wingate Wealth Advisors Inc. Buys 19,423 Shares of Fidelity Total Bond ETF $FBND

Wingate Wealth Advisors Inc. boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 67.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,408 shares of the company’s stock after acquiring an additional 19,423 shares during the period. Fidelity Total Bond ETF accounts for approximately 2.0% of Wingate Wealth Advisors Inc.’s holdings, making the stock its 13th biggest holding. Wingate Wealth Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $2,215,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Tritonpoint Wealth LLC boosted its holdings in Fidelity Total Bond ETF by 2.2% in the second quarter. Tritonpoint Wealth LLC now owns 56,926 shares of the company’s stock valued at $2,614,000 after acquiring an additional 1,239 shares in the last quarter. Beacon Capital Management LLC boosted its holdings in shares of Fidelity Total Bond ETF by 84.6% during the 2nd quarter. Beacon Capital Management LLC now owns 4,549 shares of the company’s stock valued at $208,000 after buying an additional 2,085 shares in the last quarter. Diversified Trust Co bought a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter valued at $427,000. Cerity Partners LLC boosted its holdings in shares of Fidelity Total Bond ETF by 27.5% during the 1st quarter. Cerity Partners LLC now owns 8,008 shares of the company’s stock valued at $366,000 after buying an additional 1,729 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Fidelity Total Bond ETF by 1.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 150,385 shares of the company’s stock valued at $6,862,000 after buying an additional 2,642 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.2%

Shares of FBND stock opened at $46.67 on Friday. Fidelity Total Bond ETF has a 12 month low of $44.30 and a 12 month high of $46.82. The stock has a market cap of $21.80 billion, a PE ratio of 8.94 and a beta of 0.17. The company’s fifty day moving average price is $46.22 and its 200-day moving average price is $45.66.

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.