Creative Financial Designs Inc. ADV Has $36.41 Million Stock Holdings in Fidelity Total Bond ETF (NYSEARCA:FBND)

Creative Financial Designs Inc. ADV boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 797,645 shares of the company’s stock after purchasing an additional 22,860 shares during the quarter. Fidelity Total Bond ETF comprises 2.9% of Creative Financial Designs Inc. ADV’s holdings, making the stock its 4th biggest position. Creative Financial Designs Inc. ADV’s holdings in Fidelity Total Bond ETF were worth $36,412,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new position in Fidelity Total Bond ETF during the 4th quarter worth $25,000. First Pacific Financial bought a new stake in shares of Fidelity Total Bond ETF during the first quarter valued at about $25,000. NBC Securities Inc. acquired a new stake in Fidelity Total Bond ETF in the first quarter worth about $28,000. Lindbrook Capital LLC acquired a new stake in Fidelity Total Bond ETF in the fourth quarter worth about $32,000. Finally, Sound Income Strategies LLC grew its position in Fidelity Total Bond ETF by 63.1% in the 1st quarter. Sound Income Strategies LLC now owns 791 shares of the company’s stock valued at $36,000 after buying an additional 306 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.1%

Fidelity Total Bond ETF stock opened at $45.72 on Thursday. Fidelity Total Bond ETF has a 52 week low of $44.30 and a 52 week high of $47.30. The stock has a market cap of $18.86 billion, a price-to-earnings ratio of 8.94 and a beta of 0.26. The company’s 50-day moving average price is $45.23 and its two-hundred day moving average price is $45.26.

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.