Fidelity Total Bond ETF $FBND Stock Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 687,489 shares of the company’s stock after acquiring an additional 23,254 shares during the period. Farther Finance Advisors LLC owned 0.11% of Fidelity Total Bond ETF worth $29,768,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FBND. Signature Equity Partners LLC increased its stake in shares of Fidelity Total Bond ETF by 5.4% during the 1st quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock worth $216,000 after purchasing an additional 244 shares during the last quarter. Insight Advisors LLC PA lifted its stake in Fidelity Total Bond ETF by 1.6% in the first quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock valued at $821,000 after purchasing an additional 291 shares during the last quarter. Archer Investment Corp lifted its stake in Fidelity Total Bond ETF by 17.2% in the first quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock valued at $101,000 after purchasing an additional 325 shares during the last quarter. Breakwater Capital Group grew its holdings in Fidelity Total Bond ETF by 3.4% during the second quarter. Breakwater Capital Group now owns 9,876 shares of the company’s stock valued at $449,000 after purchasing an additional 327 shares during the period. Finally, CGN Advisors LLC grew its holdings in Fidelity Total Bond ETF by 1.9% during the second quarter. CGN Advisors LLC now owns 18,717 shares of the company’s stock valued at $851,000 after purchasing an additional 342 shares during the period.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND traded up $0.13 during trading hours on Thursday, reaching $43.45. The stock had a trading volume of 5,586,508 shares, compared to its average volume of 3,138,923. The stock has a market cap of $28.01 billion, a P/E ratio of 8.94 and a beta of 0.28. The stock has a 50 day simple moving average of $44.46 and a 200 day simple moving average of $45.15. Fidelity Total Bond ETF has a 12-month low of $43.11 and a 12-month 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.