Fidelity Total Bond ETF $FBND Stock Position Boosted by Weatherly Asset Management L. P.

Weatherly Asset Management L. P. grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 840,368 shares of the company’s stock after buying an additional 66,885 shares during the period. Fidelity Total Bond ETF accounts for approximately 3.2% of Weatherly Asset Management L. P.’s investment portfolio, making the stock its 6th largest position. Weatherly Asset Management L. P. owned 0.18% of Fidelity Total Bond ETF worth $38,980,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Family Capital Management Inc. raised its position in Fidelity Total Bond ETF by 3.1% in the second quarter. Family Capital Management Inc. now owns 73,066 shares of the company’s stock valued at $3,343,000 after purchasing an additional 2,163 shares during the period. Dynamic Advisor Solutions LLC grew its stake in shares of Fidelity Total Bond ETF by 4.5% in the third quarter. Dynamic Advisor Solutions LLC now owns 988,443 shares of the company’s stock valued at $45,706,000 after buying an additional 42,304 shares in the last quarter. Beta Wealth Group Inc. raised its holdings in shares of Fidelity Total Bond ETF by 3.6% in the 2nd quarter. Beta Wealth Group Inc. now owns 62,337 shares of the company’s stock valued at $2,852,000 after buying an additional 2,195 shares during the period. Beacon Capital Management LLC lifted its stake in 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 worth $208,000 after acquiring an additional 2,085 shares in the last quarter. Finally, Tritonpoint Wealth LLC lifted its stake in Fidelity Total Bond ETF by 2.2% during the 2nd quarter. Tritonpoint Wealth LLC now owns 56,926 shares of the company’s stock worth $2,614,000 after acquiring an additional 1,239 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of Fidelity Total Bond ETF stock opened at $46.39 on Friday. The stock has a market capitalization of $22.17 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The business has a 50-day moving average of $46.41 and a 200 day moving average of $46.09. Fidelity Total Bond ETF has a 12 month low of $44.30 and a 12 month high of $46.86.

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.