Fidelity Total Bond ETF $FBND is WBH Advisory Inc.’s 7th Largest Position

WBH Advisory Inc. raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.0% in the first quarter, Holdings Channel.com reports. The fund owned 733,804 shares of the company’s stock after purchasing an additional 21,407 shares during the period. Fidelity Total Bond ETF makes up approximately 2.5% of WBH Advisory Inc.’s investment portfolio, making the stock its 7th biggest position. WBH Advisory Inc.’s holdings in Fidelity Total Bond ETF were worth $33,469,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in FBND. Dupree Financial Group LLC lifted its holdings in shares of Fidelity Total Bond ETF by 1.6% in the 4th quarter. Dupree Financial Group LLC now owns 14,135 shares of the company’s stock worth $651,000 after acquiring an additional 219 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in Fidelity Total Bond ETF by 0.6% in the 3rd quarter. Quadrant Capital Group LLC now owns 38,010 shares of the company’s stock valued at $1,758,000 after purchasing an additional 220 shares during the last quarter. Investment Advisory Group LLC raised its position in Fidelity Total Bond ETF by 0.4% in the fourth quarter. Investment Advisory Group LLC now owns 71,185 shares of the company’s stock valued at $3,277,000 after purchasing an additional 303 shares during the period. Keystone Financial Group raised its position in Fidelity Total Bond ETF by 3.1% in the third quarter. Keystone Financial Group now owns 10,317 shares of the company’s stock valued at $477,000 after purchasing an additional 315 shares during the period. Finally, Wealth Quarterback LLC lifted its stake in Fidelity Total Bond ETF by 4.7% during the fourth quarter. Wealth Quarterback LLC now owns 7,130 shares of the company’s stock worth $328,000 after purchasing an additional 317 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

FBND opened at $45.47 on Friday. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86. The business has a fifty day simple moving average of $45.53 and a 200-day simple moving average of $45.90. The firm has a market cap of $26.56 billion, a P/E ratio of 8.94 and a beta of 0.27.

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.