Certified Advisory Corp Has $23.16 Million Stake in Fidelity Total Bond ETF $FBND

Certified Advisory Corp raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 507,657 shares of the company’s stock after buying an additional 47,252 shares during the period. Fidelity Total Bond ETF comprises approximately 2.1% of Certified Advisory Corp’s portfolio, making the stock its 6th largest position. Certified Advisory Corp owned about 0.09% of Fidelity Total Bond ETF worth $23,159,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of FBND. Root Financial Partners LLC bought a new stake in shares of Fidelity Total Bond ETF in the 4th quarter valued at about $25,000. Rialto Wealth Management LLC purchased a new stake in shares of Fidelity Total Bond ETF during the fourth quarter valued at approximately $32,000. Clearstead Advisors LLC bought a new position in shares of Fidelity Total Bond ETF in the third quarter worth approximately $36,000. Tucker Asset Management LLC bought a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth approximately $37,000. Finally, Key Capital Management INC purchased a new position in shares of Fidelity Total Bond ETF in the fourth quarter worth $49,000.

Fidelity Total Bond ETF Stock Up 0.1%

Shares of NYSEARCA FBND opened at $45.54 on Wednesday. The firm’s fifty day moving average is $45.59 and its 200 day moving average is $45.93. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86. The company has a market cap of $25.52 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.

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.