Fidelity Total Bond ETF $FBND Stock Holdings Increased by World Investment Advisors

World Investment Advisors increased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 17.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 348,396 shares of the company’s stock after purchasing an additional 50,819 shares during the quarter. World Investment Advisors owned 0.07% of Fidelity Total Bond ETF worth $15,318,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FBND. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Fidelity Total Bond ETF by 3.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 89,517,143 shares of the company’s stock worth $4,139,273,000 after purchasing an additional 3,390,440 shares in the last quarter. Quotient Wealth Partners LLC raised its holdings in shares of Fidelity Total Bond ETF by 39.8% in the 4th quarter. Quotient Wealth Partners LLC now owns 4,892,228 shares of the company’s stock worth $225,238,000 after purchasing an additional 1,393,081 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Fidelity Total Bond ETF by 37.6% during the third quarter. Thrivent Financial for Lutherans now owns 2,989,730 shares of the company’s stock valued at $138,245,000 after acquiring an additional 816,419 shares during the period. Dynasty Wealth Management LLC raised its holdings in shares of Fidelity Total Bond ETF by 13.4% during the third quarter. Dynasty Wealth Management LLC now owns 6,656,599 shares of the company’s stock valued at $307,801,000 after acquiring an additional 786,693 shares during the period. Finally, Modern Wealth Management LLC raised its holdings in shares of Fidelity Total Bond ETF by 54.3% during the third quarter. Modern Wealth Management LLC now owns 2,170,408 shares of the company’s stock valued at $100,360,000 after acquiring an additional 764,134 shares during the period.

Fidelity Total Bond ETF Price Performance

FBND stock opened at $45.51 on Wednesday. Fidelity Total Bond ETF has a 52-week low of $44.73 and a 52-week high of $46.86. The company’s 50 day simple moving average is $45.83 and its 200-day simple moving average is $46.14. The firm has a market capitalization of $25.50 billion, a P/E ratio of 8.94 and a beta of 0.28.

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.