182,808 Fidelity Total Bond ETF $FBND Shares Purchased by Weaver Consulting Group

Weaver Consulting Group raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 1,188.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 198,196 shares of the company’s stock after purchasing an additional 182,808 shares during the period. Fidelity Total Bond ETF accounts for 1.7% of Weaver Consulting Group’s investment portfolio, making the stock its 12th biggest position. Weaver Consulting Group’s holdings in Fidelity Total Bond ETF were worth $8,582,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Fidelity Total Bond ETF by 9.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 294,442 shares of the company’s stock worth $13,394,000 after buying an additional 24,203 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Fidelity Total Bond ETF by 7.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock valued at $366,632,000 after purchasing an additional 587,351 shares during the last quarter. Security National Bank of Sioux City Iowa IA purchased a new position in shares of Fidelity Total Bond ETF during the 2nd quarter valued at about $696,000. Talon Private Wealth LLC raised its holdings in shares of Fidelity Total Bond ETF by 10.6% during the 2nd quarter. Talon Private Wealth LLC now owns 4,937 shares of the company’s stock valued at $225,000 after buying an additional 474 shares in the last quarter. Finally, MCF Advisors LLC raised its holdings in shares of Fidelity Total Bond ETF by 5.8% during the 2nd quarter. MCF Advisors LLC now owns 142,980 shares of the company’s stock valued at $6,528,000 after buying an additional 7,872 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND traded down $0.01 during trading hours on Wednesday, reaching $43.34. The company’s stock had a trading volume of 3,888,840 shares, compared to its average volume of 3,093,055. The firm has a market capitalization of $27.94 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The firm has a 50-day simple moving average of $44.49 and a 200-day simple moving average of $45.16. Fidelity Total Bond ETF has a 1 year low of $43.11 and a 1 year high of $46.86.

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.