Aptus Capital Advisors LLC Purchases 31,911 Shares of Fidelity Total Bond ETF $FBND

Aptus Capital Advisors LLC lifted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.7% during the 4th quarter, Holdings Channel reports. The firm owned 1,216,624 shares of the company’s stock after acquiring an additional 31,911 shares during the period. Aptus Capital Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $56,013,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in FBND. Cerity Partners LLC grew its holdings in shares of Fidelity Total Bond ETF by 400.5% in the second quarter. Cerity Partners LLC now owns 40,079 shares of the company’s stock worth $1,834,000 after purchasing an additional 32,071 shares during the last quarter. Betterment LLC boosted its holdings in Fidelity Total Bond ETF by 2.7% in the second quarter. Betterment LLC now owns 97,501 shares of the company’s stock valued at $4,461,000 after acquiring an additional 2,597 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in Fidelity Total Bond ETF in the second quarter valued at $49,000. Graney & King LLC boosted its holdings in Fidelity Total Bond ETF by 7.3% in the second quarter. Graney & King LLC now owns 50,169 shares of the company’s stock valued at $2,295,000 after acquiring an additional 3,402 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Fidelity Total Bond ETF by 40.9% in the second quarter. Ameriprise Financial Inc. now owns 6,626 shares of the company’s stock valued at $303,000 after acquiring an additional 1,924 shares in the last quarter.

Fidelity Total Bond ETF Stock Down 0.1%

NYSEARCA:FBND opened at $45.53 on Friday. The stock has a market cap of $25.51 billion, a P/E ratio of 8.94 and a beta of 0.27. The firm’s fifty day simple moving average is $45.62 and its 200 day simple moving average is $45.98. Fidelity Total Bond ETF has a twelve month low of $44.82 and a twelve month high of $46.86.

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.