Fidelity Total Bond ETF $FBND Stock Holdings Lifted by Financial Synergies Wealth Advisors Inc.

Financial Synergies Wealth Advisors Inc. grew its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 179,805 shares of the company’s stock after purchasing an additional 16,806 shares during the period. Fidelity Total Bond ETF comprises about 0.7% of Financial Synergies Wealth Advisors Inc.’s holdings, making the stock its 14th largest position. Financial Synergies Wealth Advisors Inc.’s holdings in Fidelity Total Bond ETF were worth $8,179,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FBND. Sensenig Capital Advisors Inc lifted its holdings in shares of Fidelity Total Bond ETF by 7.3% during the 2nd quarter. Sensenig Capital Advisors Inc now owns 6,266 shares of the company’s stock valued at $285,000 after buying an additional 428 shares during the last quarter. Fairvoy Private Wealth LLC increased its holdings in Fidelity Total Bond ETF by 14.8% in the second quarter. Fairvoy Private Wealth LLC now owns 27,699 shares of the company’s stock worth $1,260,000 after buying an additional 3,567 shares during the last quarter. Maryland Capital Advisors Inc. acquired a new position in Fidelity Total Bond ETF in the second quarter worth approximately $37,000. Benchmark Financial Wealth Advisors LLC raised its position in Fidelity Total Bond ETF by 53.2% during the second quarter. Benchmark Financial Wealth Advisors LLC now owns 30,159 shares of the company’s stock valued at $1,372,000 after acquiring an additional 10,469 shares in the last quarter. Finally, Ledyard National Bank bought a new position in Fidelity Total Bond ETF during the second quarter valued at approximately $248,000.

Fidelity Total Bond ETF Stock Up 0.3%

NYSEARCA FBND opened at $45.04 on Friday. The stock has a market capitalization of $27.29 billion, a PE ratio of 8.94 and a beta of 0.27. The company has a 50 day moving average price of $45.27 and a two-hundred day moving average price of $45.67. Fidelity Total Bond ETF has a 12-month low of $44.65 and a 12-month high of $46.86.

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.