Private Wealth Management Group LLC Takes $127,000 Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Private Wealth Management Group LLC acquired a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,823 shares of the company’s stock, valued at approximately $127,000.

Other institutional investors have also recently bought and sold shares of the company. Crane Advisory LLC acquired a new stake in Fidelity Total Bond ETF during the 3rd quarter worth approximately $50,363,000. Thrivent Financial for Lutherans increased its position in shares of Fidelity Total Bond ETF by 85.1% during the third quarter. Thrivent Financial for Lutherans now owns 2,159,030 shares of the company’s stock worth $100,976,000 after acquiring an additional 992,739 shares in the last quarter. McKinley Carter Wealth Services Inc. raised its holdings in shares of Fidelity Total Bond ETF by 256.5% during the third quarter. McKinley Carter Wealth Services Inc. now owns 1,355,457 shares of the company’s stock worth $63,354,000 after acquiring an additional 975,262 shares during the period. Fermata Advisors LLC lifted its position in Fidelity Total Bond ETF by 771.5% in the 3rd quarter. Fermata Advisors LLC now owns 1,046,658 shares of the company’s stock valued at $48,921,000 after acquiring an additional 926,557 shares in the last quarter. Finally, Aptus Capital Advisors LLC acquired a new position in Fidelity Total Bond ETF in the 3rd quarter worth $40,718,000.

Fidelity Total Bond ETF Trading Up 0.5 %

FBND stock opened at $45.39 on Thursday. The stock has a 50-day moving average price of $45.20 and a two-hundred day moving average price of $45.83. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30. The stock has a market cap of $9.06 billion, a PE ratio of 8.85 and a beta of 0.19.

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.