Barry Investment Advisors LLC Has $5.87 Million Position in Fidelity Total Bond ETF $FBND

Barry Investment Advisors LLC grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 22.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,125 shares of the company’s stock after acquiring an additional 23,595 shares during the period. Fidelity Total Bond ETF accounts for 1.3% of Barry Investment Advisors LLC’s investment portfolio, making the stock its 19th biggest holding. Barry Investment Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $5,868,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Cerity Partners LLC grew its stake in Fidelity Total Bond ETF by 400.5% in the second quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock valued at $1,834,000 after purchasing an additional 32,071 shares in the last quarter. Betterment LLC raised its stake in shares of Fidelity Total Bond ETF by 2.7% during the 2nd quarter. Betterment LLC now owns 97,501 shares of the company’s stock worth $4,461,000 after purchasing an additional 2,597 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity Total Bond ETF during the 2nd quarter valued at about $49,000. Graney & King LLC lifted its holdings in shares of Fidelity Total Bond ETF by 7.3% during the 2nd quarter. Graney & King LLC now owns 50,169 shares of the company’s stock valued at $2,295,000 after buying an additional 3,402 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Fidelity Total Bond ETF by 40.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock valued at $303,000 after buying an additional 1,924 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of NYSEARCA FBND opened at $45.82 on Monday. The business has a 50 day simple moving average of $45.58 and a 200 day simple moving average of $45.92. Fidelity Total Bond ETF has a 52 week low of $44.82 and a 52 week high of $46.86. The stock has a market cap of $25.67 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.