Parcion Private Wealth LLC Purchases 8,190 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Parcion Private Wealth LLC boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 6.0% in the 1st quarter, Holdings Channel reports. The firm owned 144,312 shares of the company’s stock after buying an additional 8,190 shares during the quarter. Parcion Private Wealth LLC’s holdings in Fidelity Total Bond ETF were worth $6,588,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. PFG Investments LLC grew its stake in Fidelity Total Bond ETF by 3.2% in the 1st quarter. PFG Investments LLC now owns 9,182 shares of the company’s stock worth $419,000 after acquiring an additional 282 shares in the last quarter. Bogart Wealth LLC grew its stake in Fidelity Total Bond ETF by 23.3% in the 1st quarter. Bogart Wealth LLC now owns 1,574 shares of the company’s stock worth $72,000 after acquiring an additional 297 shares in the last quarter. Integrity Financial Corp WA grew its stake in Fidelity Total Bond ETF by 1.8% in the 4th quarter. Integrity Financial Corp WA now owns 17,275 shares of the company’s stock worth $775,000 after acquiring an additional 299 shares in the last quarter. Prosperity Consulting Group LLC boosted its stake in shares of Fidelity Total Bond ETF by 0.4% during the fourth quarter. Prosperity Consulting Group LLC now owns 78,378 shares of the company’s stock valued at $3,517,000 after purchasing an additional 302 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its stake in shares of Fidelity Total Bond ETF by 63.1% during the first quarter. Sound Income Strategies LLC now owns 791 shares of the company’s stock valued at $36,000 after purchasing an additional 306 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA FBND opened at $45.26 on Wednesday. The firm’s 50 day moving average price is $45.31 and its 200-day moving average price is $45.28. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $47.30. The company has a market cap of $19.24 billion, a PE ratio of 8.94 and a beta of 0.17.

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.