Quotient Wealth Partners LLC Purchases 39,729 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Quotient Wealth Partners LLC boosted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,025,492 shares of the company’s stock after purchasing an additional 39,729 shares during the quarter. Fidelity Total Bond ETF comprises about 1.6% of Quotient Wealth Partners LLC’s investment portfolio, making the stock its 18th largest position. Quotient Wealth Partners LLC’s holdings in Fidelity Total Bond ETF were worth $47,931,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of FBND. Capital CS Group LLC boosted its stake in Fidelity Total Bond ETF by 5.1% in the 2nd quarter. Capital CS Group LLC now owns 6,027 shares of the company’s stock worth $271,000 after purchasing an additional 294 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in shares of Fidelity Total Bond ETF by 5.5% in the first quarter. Arkadios Wealth Advisors now owns 6,244 shares of the company’s stock valued at $283,000 after purchasing an additional 323 shares during the period. CGN Advisors LLC boosted its stake in Fidelity Total Bond ETF by 3.0% during the first quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock worth $519,000 after buying an additional 336 shares during the period. Capital Planning LLC boosted its stake in Fidelity Total Bond ETF by 0.9% during the second quarter. Capital Planning LLC now owns 45,501 shares of the company’s stock worth $2,053,000 after buying an additional 388 shares during the period. Finally, FinTrust Capital Advisors LLC lifted its position in shares of Fidelity Total Bond ETF by 7.5% during the first quarter. FinTrust Capital Advisors LLC now owns 5,675 shares of the company’s stock worth $257,000 after purchasing an additional 394 shares in the last quarter.

Fidelity Total Bond ETF Trading Down 0.2 %

NYSEARCA:FBND traded down $0.07 during mid-day trading on Thursday, hitting $46.07. The stock had a trading volume of 453,833 shares, compared to its average volume of 1,333,248. The stock has a 50-day simple moving average of $46.59 and a two-hundred day simple moving average of $45.54. The company has a market capitalization of $9.19 billion, a PE ratio of 8.85 and a beta of 0.19. Fidelity Total Bond ETF has a twelve month low of $42.45 and a twelve month high of $47.30.

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.