260,741 Shares in Fidelity Total Bond ETF $FBND Bought by PCA Investment Advisory Services Inc.

PCA Investment Advisory Services Inc. purchased a new position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) in the second quarter, HoldingsChannel.com reports. The firm purchased 260,741 shares of the company’s stock, valued at approximately $11,929,000. Fidelity Total Bond ETF accounts for 5.0% of PCA Investment Advisory Services Inc.’s holdings, making the stock its 7th biggest holding.

A number of other large investors have also recently bought and sold shares of the business. Bogart Wealth LLC boosted its stake in Fidelity Total Bond ETF by 23.3% during the 1st quarter. Bogart Wealth LLC now owns 1,574 shares of the company’s stock worth $72,000 after purchasing an additional 297 shares during the period. Legacy Solutions LLC boosted its stake in Fidelity Total Bond ETF by 0.8% during the 2nd quarter. Legacy Solutions LLC now owns 49,122 shares of the company’s stock worth $2,247,000 after purchasing an additional 382 shares during the period. Post Resch Tallon Group Inc. boosted its stake in Fidelity Total Bond ETF by 2.4% during the 2nd quarter. Post Resch Tallon Group Inc. now owns 22,616 shares of the company’s stock worth $1,035,000 after purchasing an additional 530 shares during the period. BOS Asset Management LLC boosted its stake in Fidelity Total Bond ETF by 0.4% during the 2nd quarter. BOS Asset Management LLC now owns 130,578 shares of the company’s stock worth $5,974,000 after purchasing an additional 566 shares during the period. Finally, Hardy Reed LLC boosted its stake in Fidelity Total Bond ETF by 8.7% during the 1st quarter. Hardy Reed LLC now owns 7,302 shares of the company’s stock worth $333,000 after purchasing an additional 585 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $46.85 on Wednesday. The stock has a market cap of $22.28 billion, a P/E ratio of 8.94 and a beta of 0.28. The firm has a fifty day moving average price of $46.36 and a 200 day moving average price of $45.73. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year high of $46.86.

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.