Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by Accelerate Investment Advisors LLC

Accelerate Investment Advisors LLC grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 7.2% in the fourth quarter, HoldingsChannel reports. The fund owned 129,393 shares of the company’s stock after buying an additional 8,738 shares during the quarter. Fidelity Total Bond ETF makes up about 5.1% of Accelerate Investment Advisors LLC’s portfolio, making the stock its 4th largest position. Accelerate Investment Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $5,806,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Peterson Wealth Advisors LLC grew its holdings in shares of Fidelity Total Bond ETF by 0.8% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 31,396 shares of the company’s stock worth $1,467,000 after purchasing an additional 246 shares during the period. Regatta Capital Group LLC grew its holdings in shares of 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 purchasing an additional 304 shares during the period. AE Wealth Management LLC grew its holdings in shares of Fidelity Total Bond ETF by 4.7% during the 2nd quarter. AE Wealth Management LLC now owns 10,296 shares of the company’s stock worth $463,000 after purchasing an additional 459 shares during the period. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Fidelity Total Bond ETF during the 3rd quarter worth about $25,000. Finally, One Plus One Wealth Management LLC grew its holdings in shares of Fidelity Total Bond ETF by 3.1% during the 3rd 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 Price Performance

NYSEARCA FBND traded down $0.04 on Monday, reaching $44.43. The company had a trading volume of 1,332,128 shares, compared to its average volume of 1,879,153. The firm has a 50-day moving average of $45.38 and a 200-day moving average of $45.87. Fidelity Total Bond ETF has a 1 year low of $44.01 and a 1 year high of $47.30. The firm has a market capitalization of $8.87 billion, a PE ratio of 8.85 and a beta of 0.19.

About Fidelity Total Bond ETF

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.