Vicus Capital Buys 31,390 Shares of Fidelity Total Bond ETF $FBND

Vicus Capital grew its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 716,663 shares of the company’s stock after buying an additional 31,390 shares during the period. Fidelity Total Bond ETF accounts for about 2.5% of Vicus Capital’s holdings, making the stock its 13th largest position. Vicus Capital’s holdings in Fidelity Total Bond ETF were worth $33,138,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Fidelity Total Bond ETF by 6.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 86,126,703 shares of the company’s stock valued at $3,940,297,000 after buying an additional 4,963,926 shares during the period. Gallagher Fiduciary Advisors LLC raised its holdings in Fidelity Total Bond ETF by 4,220.9% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,017,693 shares of the company’s stock valued at $92,309,000 after acquiring an additional 1,970,997 shares in the last quarter. Ritholtz Wealth Management lifted its position in shares of Fidelity Total Bond ETF by 64.3% in the 2nd quarter. Ritholtz Wealth Management now owns 3,610,928 shares of the company’s stock worth $165,200,000 after acquiring an additional 1,412,766 shares during the period. Sax Wealth Advisors LLC grew its holdings in shares of Fidelity Total Bond ETF by 41.4% during the 2nd quarter. Sax Wealth Advisors LLC now owns 2,644,754 shares of the company’s stock worth $120,997,000 after purchasing an additional 774,471 shares in the last quarter. Finally, Bleakley Financial Group LLC bought a new stake in shares of Fidelity Total Bond ETF during the second quarter valued at approximately $35,221,000.

Fidelity Total Bond ETF Trading Up 0.2%

Shares of NYSEARCA FBND opened at $46.18 on Monday. The firm has a market capitalization of $23.67 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a one year low of $44.30 and a one year high of $46.86. The business has a fifty day simple moving average of $46.30 and a 200 day simple moving average of $46.15.

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.