Prime Capital Investment Advisors LLC Purchases 19,106 Shares of Fidelity Total Bond ETF $FBND

Prime Capital Investment Advisors LLC grew its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.5% in the third quarter, HoldingsChannel reports. The fund owned 440,074 shares of the company’s stock after acquiring an additional 19,106 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $19,055,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. GHP Investment Advisors Inc. bought a new position in shares of Fidelity Total Bond ETF in the 1st quarter valued at about $25,000. Community Financial Services Group LLC bought a new stake in Fidelity Total Bond ETF in the second quarter valued at approximately $32,000. Maryland Capital Advisors Inc. bought a new stake in Fidelity Total Bond ETF in the second quarter valued at approximately $37,000. Manning & Napier Advisors LLC acquired a new stake in shares of Fidelity Total Bond ETF in the first quarter valued at approximately $53,000. Finally, Sound Income Strategies LLC lifted its position in shares of Fidelity Total Bond ETF by 180.6% in the first quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock valued at $60,000 after buying an additional 847 shares during the last quarter.

Fidelity Total Bond ETF Stock Up 0.2%

Shares of NYSEARCA FBND traded up $0.07 during midday trading on Tuesday, hitting $43.75. 1,474,240 shares of the company’s stock were exchanged, compared to its average volume of 3,174,773. Fidelity Total Bond ETF has a 12 month low of $43.11 and a 12 month high of $46.86. The company’s 50 day moving average price is $44.25 and its 200 day moving average price is $45.03. The firm has a market capitalization of $28.20 billion, a PE ratio of 8.94 and a beta of 0.28.

Fidelity Total Bond ETF 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.