Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Acquired by Compass Ion Advisors LLC

Compass Ion Advisors LLC lifted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 413,958 shares of the company’s stock after purchasing an additional 16,705 shares during the quarter. Fidelity Total Bond ETF comprises about 2.7% of Compass Ion Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Compass Ion Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $18,756,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FBND. Oppenheimer & Co. Inc. purchased a new stake in Fidelity Total Bond ETF in the 4th quarter valued at about $11,176,000. Visionary Wealth Advisors grew its holdings in Fidelity Total Bond ETF by 5.2% in the fourth quarter. Visionary Wealth Advisors now owns 86,217 shares of the company’s stock valued at $3,969,000 after purchasing an additional 4,258 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in Fidelity Total Bond ETF by 620.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 98,823 shares of the company’s stock worth $4,550,000 after purchasing an additional 85,106 shares during the last quarter. Masso Torrence Wealth Management Inc. raised its stake in Fidelity Total Bond ETF by 1.9% during the fourth quarter. Masso Torrence Wealth Management Inc. now owns 102,636 shares of the company’s stock worth $4,725,000 after purchasing an additional 1,909 shares during the period. Finally, Vantage Financial Partners Ltd. Inc. boosted its holdings in shares of Fidelity Total Bond ETF by 358.1% in the 4th quarter. Vantage Financial Partners Ltd. Inc. now owns 387,205 shares of the company’s stock valued at $17,827,000 after purchasing an additional 302,672 shares during the last quarter.

Fidelity Total Bond ETF Stock Down 0.5 %

FBND stock opened at $44.93 on Monday. The company has a market cap of $8.97 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19. The business has a fifty day simple moving average of $44.87 and a 200-day simple moving average of $45.18. Fidelity Total Bond ETF has a 52 week low of $42.45 and a 52 week high of $46.21.

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.