Fidelity Total Bond ETF $FBND Shares Acquired by Ascentis Independent Advisors

Ascentis Independent Advisors increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 63.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 109,674 shares of the company’s stock after buying an additional 42,687 shares during the quarter. Ascentis Independent Advisors’ holdings in Fidelity Total Bond ETF were worth $5,003,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Berger Financial Group Inc increased its holdings in shares of Fidelity Total Bond ETF by 33.0% in the 1st quarter. Berger Financial Group Inc now owns 46,345 shares of the company’s stock worth $2,114,000 after acquiring an additional 11,497 shares during the period. Wealth Management Resources Inc. grew its position in Fidelity Total Bond ETF by 0.9% in the 1st quarter. Wealth Management Resources Inc. now owns 662,891 shares of the company’s stock worth $30,241,000 after purchasing an additional 5,787 shares during the last quarter. Bryant Woods Investment Advisors LLC increased its stake in shares of Fidelity Total Bond ETF by 64.2% in the first quarter. Bryant Woods Investment Advisors LLC now owns 81,148 shares of the company’s stock valued at $3,702,000 after purchasing an additional 31,739 shares during the period. Koshinski Asset Management Inc. increased its stake in shares of Fidelity Total Bond ETF by 12.9% in the first quarter. Koshinski Asset Management Inc. now owns 588,317 shares of the company’s stock valued at $26,839,000 after purchasing an additional 67,193 shares during the period. Finally, Hunter Associates Investment Management LLC increased its stake in Fidelity Total Bond ETF by 9.7% during the 1st quarter. Hunter Associates Investment Management LLC now owns 620,232 shares of the company’s stock valued at $28,315,000 after buying an additional 54,953 shares during the period.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $45.47 on Monday. The stock has a market cap of $26.64 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 12 month low of $44.82 and a 12 month high of $46.86. The stock’s 50 day moving average price is $45.53 and its 200 day moving average price is $45.90.

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.