Fidelity Total Bond ETF $FBND Shares Purchased by Strata Wealth Advisors LLC

Strata Wealth Advisors LLC raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 27.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 129,850 shares of the company’s stock after purchasing an additional 27,974 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 1.6% of Strata Wealth Advisors LLC’s investment portfolio, making the stock its 12th biggest holding. Strata Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $5,924,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of FBND. Root Financial Partners LLC purchased a new stake in Fidelity Total Bond ETF in the 4th quarter worth approximately $25,000. GHP Investment Advisors Inc. acquired a new position in shares of Fidelity Total Bond ETF in the first quarter worth about $25,000. Rialto Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $32,000. Tucker Asset Management LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 4th quarter valued at about $37,000. Finally, Key Capital Management INC purchased a new position in shares of Fidelity Total Bond ETF in the 4th quarter valued at about $49,000.

Fidelity Total Bond ETF Trading Down 0.2%

FBND traded down $0.09 during trading on Tuesday, hitting $45.37. The company’s stock had a trading volume of 439,503 shares, compared to its average volume of 2,788,134. Fidelity Total Bond ETF has a twelve month low of $44.82 and a twelve month high of $46.86. The business’s fifty day simple moving average is $45.52 and its 200 day simple moving average is $45.89. The firm has a market capitalization of $26.58 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.

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.