Destiny Capital Corp CO Boosts Stake in Fidelity Total Bond ETF $FBND

Destiny Capital Corp CO raised its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 261,352 shares of the company’s stock after acquiring an additional 9,130 shares during the period. Fidelity Total Bond ETF makes up about 7.2% of Destiny Capital Corp CO’s portfolio, making the stock its 5th biggest holding. Destiny Capital Corp CO’s holdings in Fidelity Total Bond ETF were worth $11,957,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of FBND. Stratos Wealth Partners LTD. increased its position in shares of Fidelity Total Bond ETF by 558.6% in the first quarter. Stratos Wealth Partners LTD. now owns 70,180 shares of the company’s stock worth $3,204,000 after purchasing an additional 59,524 shares during the period. Moloney Securities Asset Management LLC grew its stake in Fidelity Total Bond ETF by 15.0% during the first quarter. Moloney Securities Asset Management LLC now owns 8,057 shares of the company’s stock worth $368,000 after buying an additional 1,051 shares in the last quarter. tru Independence LLC grew its stake in Fidelity Total Bond ETF by 14.8% during the first quarter. tru Independence LLC now owns 304,190 shares of the company’s stock worth $13,877,000 after buying an additional 39,108 shares in the last quarter. CFO4Life Group LLC increased its holdings in Fidelity Total Bond ETF by 6.3% in the 1st quarter. CFO4Life Group LLC now owns 115,685 shares of the company’s stock valued at $5,281,000 after buying an additional 6,838 shares during the period. Finally, Financial Synergies Wealth Advisors Inc. raised its position in shares of Fidelity Total Bond ETF by 43.0% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 88,241 shares of the company’s stock valued at $4,028,000 after buying an additional 26,544 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.4%

Shares of Fidelity Total Bond ETF stock opened at $46.38 on Friday. The company has a market cap of $22.16 billion, a PE ratio of 8.94 and a beta of 0.28. The company has a 50 day moving average of $46.42 and a 200-day moving average of $45.79. Fidelity Total Bond ETF has a 1-year low of $44.30 and a 1-year 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.