Farther Finance Advisors LLC Acquires 4,683 Shares of Fidelity Total Bond ETF (NYSEARCA:FBND)

Farther Finance Advisors LLC raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 1,709.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,957 shares of the company’s stock after acquiring an additional 4,683 shares during the quarter. Farther Finance Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Weatherly Asset Management L. P. increased its holdings in shares of Fidelity Total Bond ETF by 14.9% in the third quarter. Weatherly Asset Management L. P. now owns 626,386 shares of the company’s stock worth $29,378,000 after purchasing an additional 81,090 shares during the period. Gladstone Institutional Advisory LLC lifted its stake in shares of Fidelity Total Bond ETF by 10.9% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 61,554 shares of the company’s stock valued at $2,877,000 after purchasing an additional 6,036 shares during the period. William Howard & Co Financial Advisors Inc purchased a new position in shares of Fidelity Total Bond ETF in the 3rd quarter valued at approximately $324,000. Norris Perne & French LLP MI raised its stake in Fidelity Total Bond ETF by 29.5% during the third quarter. Norris Perne & French LLP MI now owns 29,461 shares of the company’s stock valued at $1,377,000 after buying an additional 6,709 shares during the last quarter. Finally, Goldstone Financial Group LLC purchased a new position in Fidelity Total Bond ETF during the third quarter valued at $12,119,000.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $45.69 on Friday. Fidelity Total Bond ETF has a 1-year low of $43.34 and a 1-year high of $47.30. The business has a fifty day moving average price of $46.34 and a 200-day moving average price of $45.71. The stock has a market capitalization of $9.12 billion, a P/E ratio of 8.85 and a beta of 0.19.

About Fidelity Total Bond ETF

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.