Fell Capital Management ADV Buys 14,894 Shares of Fidelity Total Bond ETF $FBND

Fell Capital Management ADV grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 95.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,554 shares of the company’s stock after purchasing an additional 14,894 shares during the period. Fidelity Total Bond ETF makes up 1.3% of Fell Capital Management ADV’s investment portfolio, making the stock its 26th biggest holding. Fell Capital Management ADV’s holdings in Fidelity Total Bond ETF were worth $1,394,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in FBND. Riverpoint Wealth Management Holdings LLC raised its position in shares of Fidelity Total Bond ETF by 7.9% during the first quarter. Riverpoint Wealth Management Holdings LLC now owns 522,603 shares of the company’s stock worth $23,841,000 after purchasing an additional 38,218 shares during the period. AMG National Trust Bank grew its position in Fidelity Total Bond ETF by 4.7% in the 1st quarter. AMG National Trust Bank now owns 15,444 shares of the company’s stock valued at $705,000 after purchasing an additional 696 shares during the period. Retirement Planning Group LLC grew its position in Fidelity Total Bond ETF by 14.2% in the 1st quarter. Retirement Planning Group LLC now owns 2,843,873 shares of the company’s stock valued at $129,737,000 after purchasing an additional 353,665 shares during the period. Bleakley Financial Group LLC grew its position in Fidelity Total Bond ETF by 3.1% in the 1st quarter. Bleakley Financial Group LLC now owns 902,747 shares of the company’s stock valued at $41,183,000 after purchasing an additional 26,898 shares during the period. Finally, Archer Investment Corp increased its stake in Fidelity Total Bond ETF by 17.2% during the 1st quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock valued at $101,000 after purchasing an additional 325 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.2%

FBND opened at $45.20 on Wednesday. The company’s fifty day moving average price is $45.46 and its two-hundred day moving average price is $45.85. Fidelity Total Bond ETF has a 1-year low of $44.82 and a 1-year high of $46.86. The company has a market cap of $26.85 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.

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.