Certified Advisory Corp raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND – Free Report) by 10.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 507,657 shares of the company’s stock after purchasing an additional 47,252 shares during the period. Fidelity Total Bond ETF accounts for about 2.1% of Certified Advisory Corp’s holdings, making the stock its 6th largest holding. Certified Advisory Corp’s holdings in Fidelity Total Bond ETF were worth $23,159,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Root Financial Partners LLC bought a new stake in shares of Fidelity Total Bond ETF in the 4th quarter worth approximately $25,000. Rialto Wealth Management LLC purchased a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $32,000. Clearstead Advisors LLC bought a new position in shares of Fidelity Total Bond ETF during the third quarter valued at approximately $36,000. Tucker Asset Management LLC bought a new position in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $37,000. Finally, Fifth Third Bancorp raised its holdings in shares of Fidelity Total Bond ETF by 78.0% during the third quarter. Fifth Third Bancorp now owns 1,068 shares of the company’s stock valued at $49,000 after acquiring an additional 468 shares in the last quarter.
Fidelity Total Bond ETF Stock Up 0.1%
Shares of FBND stock opened at $45.54 on Wednesday. The firm has a market capitalization of $25.52 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The stock has a fifty day moving average of $45.59 and a 200 day moving average of $45.93. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86.
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.
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