Brookstone Capital Management Grows Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Brookstone Capital Management boosted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 5.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 632,770 shares of the company’s stock after acquiring an additional 33,769 shares during the quarter. Brookstone Capital Management owned about 0.32% of Fidelity Total Bond ETF worth $29,576,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Visionary Wealth Advisors increased its position in shares of 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 buying an additional 4,258 shares in the last quarter. Red Mountain Financial LLC purchased a new position in shares of Fidelity Total Bond ETF in the fourth quarter valued at $2,491,000. Sherrill & Hutchins Financial Advisory Inc increased its position in Fidelity Total Bond ETF by 2.4% during the 1st quarter. Sherrill & Hutchins Financial Advisory Inc now owns 745,072 shares of the company’s stock worth $33,759,000 after purchasing an additional 17,317 shares in the last quarter. Cetera Investment Advisers increased its position in Fidelity Total Bond ETF by 31.7% during the 2nd quarter. Cetera Investment Advisers now owns 1,591,785 shares of the company’s stock worth $71,519,000 after purchasing an additional 383,302 shares in the last quarter. Finally, Aspiriant LLC increased its position in Fidelity Total Bond ETF by 7.4% during the 1st quarter. Aspiriant LLC now owns 342,410 shares of the company’s stock worth $15,515,000 after purchasing an additional 23,606 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.1 %

Fidelity Total Bond ETF stock opened at $46.20 on Wednesday. The stock has a market cap of $9.22 billion, a PE ratio of 8.85 and a beta of 0.19. The stock has a 50-day moving average price of $46.58 and a 200 day moving average price of $45.54. Fidelity Total Bond ETF has a 52 week low of $42.45 and a 52 week high of $47.30.

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.