Fidelity Total Bond ETF $FBND Shares Acquired by Brookstone Capital Management

Brookstone Capital Management raised its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.7% in the first quarter, Holdings Channel.com reports. The fund owned 836,222 shares of the company’s stock after acquiring an additional 29,514 shares during the period. Brookstone Capital Management’s holdings in Fidelity Total Bond ETF were worth $38,148,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Triad Wealth Partners LLC increased its stake in Fidelity Total Bond ETF by 20.7% in the 1st quarter. Triad Wealth Partners LLC now owns 1,164,361 shares of the company’s stock worth $53,118,000 after purchasing an additional 199,845 shares in the last quarter. Quotient Wealth Partners LLC raised its holdings in Fidelity Total Bond ETF by 32.9% during the 1st quarter. Quotient Wealth Partners LLC now owns 6,501,284 shares of the company’s stock worth $296,589,000 after buying an additional 1,609,056 shares during the period. Founders Financial Securities LLC lifted its stake in Fidelity Total Bond ETF by 10.4% during the first quarter. Founders Financial Securities LLC now owns 644,365 shares of the company’s stock valued at $29,557,000 after buying an additional 60,511 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in Fidelity Total Bond ETF by 37.3% during the first quarter. Nations Financial Group Inc. IA ADV now owns 187,357 shares of the company’s stock valued at $8,547,000 after buying an additional 50,885 shares in the last quarter. Finally, Weatherly Asset Management L. P. boosted its holdings in shares of Fidelity Total Bond ETF by 1.8% in the first quarter. Weatherly Asset Management L. P. now owns 898,544 shares of the company’s stock worth $41,128,000 after buying an additional 15,924 shares during the period.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $45.61 on Monday. The firm’s 50 day simple moving average is $45.60 and its 200-day simple moving average is $45.95. The company has a market cap of $25.56 billion, a P/E ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a fifty-two week low of $44.82 and a fifty-two week 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.