Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Acquired by Octavia Wealth Advisors LLC

Octavia Wealth Advisors LLC lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,463,599 shares of the company’s stock after purchasing an additional 81,526 shares during the quarter. Fidelity Total Bond ETF accounts for about 8.0% of Octavia Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Octavia Wealth Advisors LLC owned 0.73% of Fidelity Total Bond ETF worth $66,018,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Chesley Taft & Associates LLC boosted its position in Fidelity Total Bond ETF by 25.7% during the 4th quarter. Chesley Taft & Associates LLC now owns 76,230 shares of the company’s stock worth $3,420,000 after acquiring an additional 15,580 shares during the period. First United Bank & Trust boosted its position in Fidelity Total Bond ETF by 45.5% during the 4th quarter. First United Bank & Trust now owns 81,461 shares of the company’s stock worth $3,655,000 after acquiring an additional 25,477 shares during the period. Aspiriant LLC boosted its position in Fidelity Total Bond ETF by 6.5% during the 4th quarter. Aspiriant LLC now owns 416,563 shares of the company’s stock worth $18,691,000 after acquiring an additional 25,513 shares during the period. CMH Wealth Management LLC boosted its position in Fidelity Total Bond ETF by 7.8% during the 4th quarter. CMH Wealth Management LLC now owns 138,891 shares of the company’s stock worth $6,265,000 after acquiring an additional 10,097 shares during the period. Finally, Capital Wealth Management LLC boosted its position in Fidelity Total Bond ETF by 1.6% during the 4th quarter. Capital Wealth Management LLC now owns 309,229 shares of the company’s stock worth $13,875,000 after acquiring an additional 4,732 shares during the period.

Fidelity Total Bond ETF Trading Up 0.4 %

Shares of NYSEARCA FBND opened at $45.08 on Wednesday. Fidelity Total Bond ETF has a one year low of $44.01 and a one year high of $47.30. The firm has a market capitalization of $9.00 billion, a PE ratio of 8.85 and a beta of 0.19. The business has a 50-day moving average price of $45.28 and a two-hundred day moving average price of $45.86.

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.