LongView Wealth Management Buys 11,971 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

LongView Wealth Management increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 8.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,430 shares of the company’s stock after acquiring an additional 11,971 shares during the period. Fidelity Total Bond ETF makes up approximately 2.1% of LongView Wealth Management’s investment portfolio, making the stock its 9th biggest position. LongView Wealth Management’s holdings in Fidelity Total Bond ETF were worth $7,019,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. grew its stake in shares of Fidelity Total Bond ETF by 3.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,999 shares of the company’s stock worth $1,869,000 after purchasing an additional 1,188 shares during the last quarter. Marshall Financial Group LLC bought a new stake in Fidelity Total Bond ETF during the third quarter worth approximately $843,000. Arete Wealth Advisors LLC grew its position in Fidelity Total Bond ETF by 78.3% in the third quarter. Arete Wealth Advisors LLC now owns 448,065 shares of the company’s stock worth $20,923,000 after buying an additional 196,783 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Fidelity Total Bond ETF by 31.7% in the second quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock valued at $71,519,000 after buying an additional 383,302 shares in the last quarter. Finally, Certified Advisory Corp lifted its position in shares of Fidelity Total Bond ETF by 4.9% during the 2nd quarter. Certified Advisory Corp now owns 268,452 shares of the company’s stock valued at $12,062,000 after acquiring an additional 12,660 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.0 %

Shares of NYSEARCA FBND opened at $44.92 on Friday. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The company has a market cap of $8.96 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The business has a fifty day simple moving average of $45.30 and a 200-day simple moving average of $45.84.

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.