Syntegra Private Wealth Group LLC Buys 543,863 Shares of Fidelity Total Bond ETF $FBND

Syntegra Private Wealth Group LLC increased its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 64.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 1,388,561 shares of the company’s stock after buying an additional 543,863 shares during the quarter. Fidelity Total Bond ETF comprises about 4.9% of Syntegra Private Wealth Group LLC’s holdings, making the stock its 5th biggest position. Syntegra Private Wealth Group LLC’s holdings in Fidelity Total Bond ETF were worth $63,166,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new position in Fidelity Total Bond ETF in the 4th quarter worth about $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of Fidelity Total Bond ETF during the 1st quarter valued at about $25,000. Community Financial Services Group LLC bought a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter valued at approximately $32,000. Tucker Asset Management LLC acquired a new position in Fidelity Total Bond ETF in the fourth quarter worth approximately $37,000. Finally, Key Capital Management INC acquired a new position in Fidelity Total Bond ETF in the fourth quarter worth approximately $49,000.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $44.91 on Thursday. The firm has a market cap of $27.21 billion, a PE ratio of 8.94 and a beta of 0.27. The firm’s 50 day moving average price is $45.27 and its 200 day moving average price is $45.68. Fidelity Total Bond ETF has a twelve month low of $44.65 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.