Fidelity Total Bond ETF $FBND Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers lifted its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 15.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 6,801,133 shares of the company’s stock after purchasing an additional 930,834 shares during the quarter. Cetera Investment Advisers’ holdings in Fidelity Total Bond ETF were worth $310,268,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in Fidelity Total Bond ETF during the fourth quarter worth approximately $25,000. GHP Investment Advisors Inc. acquired a new stake in Fidelity Total Bond ETF in the first quarter valued at approximately $25,000. Rialto Wealth Management LLC purchased a new stake in shares of Fidelity Total Bond ETF in the fourth quarter valued at approximately $32,000. Tucker Asset Management LLC purchased a new stake in shares of Fidelity Total Bond ETF in the fourth quarter valued at approximately $37,000. Finally, Key Capital Management INC acquired a new position in shares of Fidelity Total Bond ETF during the 4th quarter worth approximately $49,000.

Fidelity Total Bond ETF Price Performance

Shares of NYSEARCA:FBND opened at $45.02 on Thursday. The business’s 50 day moving average price is $45.41 and its 200-day moving average price is $45.80. Fidelity Total Bond ETF has a 1 year low of $44.82 and a 1 year high of $46.86. The firm has a market capitalization of $26.97 billion, a price-to-earnings ratio of 8.94 and a beta of 0.27.

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.