Silver Oak Securities Incorporated Acquires 19,964 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Silver Oak Securities Incorporated raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 329,679 shares of the company’s stock after acquiring an additional 19,964 shares during the period. Fidelity Total Bond ETF makes up 1.4% of Silver Oak Securities Incorporated’s holdings, making the stock its 18th largest position. Silver Oak Securities Incorporated owned 0.08% of Fidelity Total Bond ETF worth $15,006,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC lifted its stake in Fidelity Total Bond ETF by 367.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 16,438 shares of the company’s stock valued at $738,000 after buying an additional 12,922 shares during the period. Park Avenue Securities LLC raised its position in shares of Fidelity Total Bond ETF by 69.2% in the 1st quarter. Park Avenue Securities LLC now owns 22,559 shares of the company’s stock valued at $1,030,000 after acquiring an additional 9,225 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in Fidelity Total Bond ETF by 15.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 206,062 shares of the company’s stock valued at $9,246,000 after purchasing an additional 27,243 shares during the period. HUB Investment Partners LLC grew its holdings in Fidelity Total Bond ETF by 11.2% during the fourth quarter. HUB Investment Partners LLC now owns 1,016,093 shares of the company’s stock valued at $45,592,000 after purchasing an additional 102,233 shares during the period. Finally, Curtis Advisory Group LLC increased its stake in Fidelity Total Bond ETF by 131.5% in the fourth quarter. Curtis Advisory Group LLC now owns 23,065 shares of the company’s stock valued at $1,035,000 after purchasing an additional 13,100 shares in the last quarter.

Fidelity Total Bond ETF Stock Up 0.1%

Shares of NYSEARCA FBND opened at $45.39 on Thursday. Fidelity Total Bond ETF has a twelve month low of $44.30 and a twelve month high of $47.30. The stock has a market cap of $18.72 billion, a price-to-earnings ratio of 8.94 and a beta of 0.26. The company’s fifty day moving average is $45.16 and its 200-day moving average is $45.27.

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.