Fidelity Total Bond ETF $FBND Holdings Lifted by Salus Financial Advisors LLC

Salus Financial Advisors LLC grew its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 280,343 shares of the company’s stock after buying an additional 7,337 shares during the period. Fidelity Total Bond ETF accounts for 8.6% of Salus Financial Advisors LLC’s investment portfolio, making the stock its 4th largest position. Salus Financial Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $12,826,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Tritonpoint Wealth LLC lifted its holdings in Fidelity Total Bond ETF by 2.2% during the 2nd quarter. Tritonpoint Wealth LLC now owns 56,926 shares of the company’s stock worth $2,614,000 after purchasing an additional 1,239 shares in the last quarter. Beacon Capital Management LLC lifted its holdings in Fidelity Total Bond ETF by 84.6% during the 2nd quarter. Beacon Capital Management LLC now owns 4,549 shares of the company’s stock worth $208,000 after purchasing an additional 2,085 shares in the last quarter. Diversified Trust Co purchased a new stake in Fidelity Total Bond ETF during the 2nd quarter worth about $427,000. Cerity Partners LLC lifted its holdings in Fidelity Total Bond ETF by 27.5% during the 1st quarter. Cerity Partners LLC now owns 8,008 shares of the company’s stock worth $366,000 after purchasing an additional 1,729 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Fidelity Total Bond ETF by 1.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 150,385 shares of the company’s stock worth $6,862,000 after purchasing an additional 2,642 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $46.67 on Monday. The stock’s 50-day simple moving average is $46.22 and its 200 day simple moving average is $45.65. The stock has a market capitalization of $21.80 billion, a price-to-earnings ratio of 8.94 and a beta of 0.17. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.82.

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.