Barnes Pettey Financial Advisors LLC Raises Holdings in Fidelity Total Bond ETF $FBND

Barnes Pettey Financial Advisors LLC increased its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 25.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,754 shares of the company’s stock after acquiring an additional 14,166 shares during the period. Fidelity Total Bond ETF comprises 1.4% of Barnes Pettey Financial Advisors LLC’s holdings, making the stock its 18th largest position. Barnes Pettey Financial Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $3,182,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of FBND. Essex LLC grew its holdings in Fidelity Total Bond ETF by 890.4% in the first quarter. Essex LLC now owns 83,871 shares of the company’s stock valued at $3,826,000 after purchasing an additional 75,403 shares during the period. Mitchell Mcleod Pugh & Williams Inc. raised its stake in shares of Fidelity Total Bond ETF by 5.5% during the 1st quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 23,775 shares of the company’s stock worth $1,085,000 after buying an additional 1,229 shares during the period. KOM Wealth Management Group LLC raised its stake in shares of Fidelity Total Bond ETF by 17.2% during the 1st quarter. KOM Wealth Management Group LLC now owns 14,383 shares of the company’s stock worth $656,000 after buying an additional 2,111 shares during the period. Salus Financial Advisors LLC raised its stake in shares of Fidelity Total Bond ETF by 5.3% during the 1st quarter. Salus Financial Advisors LLC now owns 313,851 shares of the company’s stock worth $14,318,000 after buying an additional 15,910 shares during the period. Finally, Mayflower Financial Advisors LLC purchased a new position in shares of Fidelity Total Bond ETF during the 1st quarter valued at approximately $305,000.

Fidelity Total Bond ETF Stock Performance

Fidelity Total Bond ETF stock opened at $45.40 on Thursday. The company’s fifty day moving average price is $45.55 and its 200 day moving average price is $45.91. Fidelity Total Bond ETF has a 1 year low of $44.82 and a 1 year high of $46.86. The stock has a market capitalization of $26.52 billion, a P/E ratio of 8.94 and a beta of 0.27.

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.