Fidelity Total Bond ETF (NYSEARCA:FBND) Stake Boosted by Certified Advisory Corp

Certified Advisory Corp raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 397,080 shares of the company’s stock after acquiring an additional 7,887 shares during the period. Fidelity Total Bond ETF makes up approximately 1.9% of Certified Advisory Corp’s investment portfolio, making the stock its 8th largest position. Certified Advisory Corp owned about 0.20% of Fidelity Total Bond ETF worth $17,817,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Peterson Wealth Advisors LLC grew its stake in shares of Fidelity Total Bond ETF by 0.8% in the third quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock valued at $1,467,000 after buying an additional 246 shares in the last quarter. Regatta Capital Group LLC lifted its holdings in Fidelity Total Bond ETF by 2.3% during the 3rd quarter. Regatta Capital Group LLC now owns 13,713 shares of the company’s stock worth $641,000 after buying an additional 304 shares during the last quarter. AE Wealth Management LLC increased its stake in Fidelity Total Bond ETF by 4.7% in the second quarter. AE Wealth Management LLC now owns 10,296 shares of the company’s stock valued at $463,000 after purchasing an additional 459 shares during the period. Mark Sheptoff Financial Planning LLC acquired a new stake in Fidelity Total Bond ETF during the 3rd quarter worth approximately $25,000. Finally, One Plus One Wealth Management LLC lifted its holdings in shares of Fidelity Total Bond ETF by 3.1% during the third quarter. One Plus One Wealth Management LLC now owns 17,636 shares of the company’s stock worth $824,000 after purchasing an additional 538 shares during the period.

Fidelity Total Bond ETF Trading Up 0.2 %

Shares of FBND stock opened at $44.93 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 $8.97 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The stock has a 50 day simple moving average of $45.31 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.