Fidelity Total Bond ETF $FBND Shares Acquired by Clearwave Capital LLC

Clearwave Capital LLC lifted its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 10.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 127,605 shares of the company’s stock after purchasing an additional 12,461 shares during the quarter. Fidelity Total Bond ETF comprises about 4.0% of Clearwave Capital LLC’s investment portfolio, making the stock its 3rd largest position. Clearwave Capital LLC’s holdings in Fidelity Total Bond ETF were worth $5,821,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Integrated Advisors Network LLC acquired a new position in shares of Fidelity Total Bond ETF during the 1st quarter worth $208,000. Strata Wealth Advisors LLC increased its position in Fidelity Total Bond ETF by 27.5% during the first quarter. Strata Wealth Advisors LLC now owns 129,850 shares of the company’s stock worth $5,924,000 after buying an additional 27,974 shares in the last quarter. Investment Advisory Services Group LLC lifted its holdings in Fidelity Total Bond ETF by 5.2% in the 1st quarter. Investment Advisory Services Group LLC now owns 445,066 shares of the company’s stock valued at $20,304,000 after purchasing an additional 22,048 shares in the last quarter. Canvas Wealth Advisors LLC boosted its position in Fidelity Total Bond ETF by 38.7% during the first quarter. Canvas Wealth Advisors LLC now owns 90,568 shares of the company’s stock worth $4,144,000 after acquiring an additional 25,252 shares during the last quarter. Finally, Ascentis Independent Advisors increased its stake in Fidelity Total Bond ETF by 63.7% in the first quarter. Ascentis Independent Advisors now owns 109,674 shares of the company’s stock valued at $5,003,000 after purchasing an additional 42,687 shares during the last quarter.

Fidelity Total Bond ETF Trading Down 0.4%

Shares of NYSEARCA:FBND opened at $45.29 on Wednesday. The firm has a market cap of $26.53 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27. The stock’s 50-day moving average price is $45.51 and its two-hundred day moving average price is $45.89. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month high of $46.86.

Fidelity Total Bond ETF 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.