Fidelity Total Bond ETF $FBND Stock Holdings Lifted by Capital Wealth Management LLC

Capital Wealth Management LLC increased its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 9.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 625,513 shares of the company’s stock after acquiring an additional 53,398 shares during the period. Fidelity Total Bond ETF accounts for about 7.7% of Capital Wealth Management LLC’s holdings, making the stock its 5th biggest holding. Capital Wealth Management LLC’s holdings in Fidelity Total Bond ETF were worth $28,536,000 as of its most recent SEC filing.

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

Fidelity Total Bond ETF Trading Up 0.1%

Shares of NYSEARCA FBND opened at $45.54 on Wednesday. The stock has a market cap of $25.52 billion, a PE ratio of 8.94 and a beta of 0.27. Fidelity Total Bond ETF has a 12-month low of $44.82 and a 12-month high of $46.86. The company has a 50-day moving average of $45.59 and a 200 day moving average of $45.93.

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.