Fidelity Total Bond ETF $FBND Stock Holdings Increased by United Advisor Group LLC

United Advisor Group LLC grew its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 29.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,761 shares of the company’s stock after acquiring an additional 12,750 shares during the period. United Advisor Group LLC’s holdings in Fidelity Total Bond ETF were worth $2,414,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Bank of America Corp DE lifted its stake in shares of Fidelity Total Bond ETF by 6.3% in the 1st quarter. Bank of America Corp DE now owns 14,706,838 shares of the company’s stock valued at $670,926,000 after purchasing an additional 871,672 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Fidelity Total Bond ETF by 7.9% in the second quarter. Envestnet Asset Management Inc. now owns 8,059,617 shares of the company’s stock worth $366,632,000 after purchasing an additional 587,351 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Fidelity Total Bond ETF by 15.9% in the first quarter. Cetera Investment Advisers now owns 6,801,133 shares of the company’s stock worth $310,268,000 after purchasing an additional 930,834 shares in the last quarter. Sax Wealth Advisors LLC boosted its holdings in Fidelity Total Bond ETF by 49.8% in the third quarter. Sax Wealth Advisors LLC now owns 6,727,943 shares of the company’s stock worth $291,320,000 after purchasing an additional 2,236,473 shares in the last quarter. Finally, Legacy Wealth Management LLC increased its position in Fidelity Total Bond ETF by 57.0% during the second quarter. Legacy Wealth Management LLC now owns 5,495,432 shares of the company’s stock worth $249,987,000 after buying an additional 1,995,732 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.1%

Fidelity Total Bond ETF stock traded down $0.05 during mid-day trading on Friday, hitting $44.33. 2,717,195 shares of the company’s stock were exchanged, compared to its average volume of 3,250,555. The stock has a market cap of $28.58 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1-year low of $43.11 and a 1-year high of $46.78. The stock has a 50 day moving average of $44.01 and a two-hundred day moving average of $45.23.

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.