Barry Investment Advisors LLC Acquires 12,889 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Barry Investment Advisors LLC boosted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 31.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,115 shares of the company’s stock after acquiring an additional 12,889 shares during the quarter. Barry Investment Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $2,441,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in FBND. Williams & Novak LLC boosted its stake in shares of Fidelity Total Bond ETF by 27.4% in the 4th quarter. Williams & Novak LLC now owns 247,973 shares of the company’s stock valued at $11,127,000 after purchasing an additional 53,375 shares during the last quarter. Southern Style Financial Inc. bought a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at $15,820,000. RCS Financial Planning LLC bought a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at $12,844,000. Falcon Wealth Planning boosted its stake in shares of Fidelity Total Bond ETF by 2.1% in the 4th quarter. Falcon Wealth Planning now owns 1,109,388 shares of the company’s stock valued at $49,778,000 after purchasing an additional 22,470 shares during the last quarter. Finally, Investment Planning Advisors Inc. boosted its stake in shares of Fidelity Total Bond ETF by 6.4% in the 4th quarter. Investment Planning Advisors Inc. now owns 225,245 shares of the company’s stock valued at $10,107,000 after purchasing an additional 13,498 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $45.19 on Wednesday. The firm’s fifty day moving average is $45.25 and its 200-day moving average is $45.85. Fidelity Total Bond ETF has a 52 week low of $44.01 and a 52 week high of $47.30. The firm has a market cap of $9.02 billion, a P/E 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.