Fidelity Total Bond ETF $FBND Stock Position Lifted by Opal Wealth Advisors LLC

Opal Wealth Advisors LLC boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 130,941 shares of the company’s stock after buying an additional 15,832 shares during the quarter. Fidelity Total Bond ETF makes up approximately 1.2% of Opal Wealth Advisors LLC’s holdings, making the stock its 14th largest holding. Opal Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $5,670,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Signature Equity Partners LLC increased its stake in shares of Fidelity Total Bond ETF by 5.4% in the 1st quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock valued at $216,000 after buying an additional 244 shares during the period. Insight Advisors LLC PA raised its position in shares of Fidelity Total Bond ETF by 1.6% during the first quarter. Insight Advisors LLC PA now owns 17,988 shares of the company’s stock worth $821,000 after acquiring an additional 291 shares during the last quarter. Archer Investment Corp raised its position in shares of Fidelity Total Bond ETF by 17.2% during the first quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock worth $101,000 after acquiring an additional 325 shares during the last quarter. Breakwater Capital Group lifted its stake in shares of Fidelity Total Bond ETF by 3.4% during the second quarter. Breakwater Capital Group now owns 9,876 shares of the company’s stock valued at $449,000 after acquiring an additional 327 shares during the period. Finally, CGN Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 1.9% during the second quarter. CGN Advisors LLC now owns 18,717 shares of the company’s stock valued at $851,000 after acquiring an additional 342 shares during the period.

Fidelity Total Bond ETF Trading Down 0.0%

Shares of FBND traded down $0.01 during trading hours on Friday, hitting $43.82. 5,305,343 shares of the stock traded hands, compared to its average volume of 3,184,228. The business has a fifty day moving average of $44.27 and a 200-day moving average of $45.05. The firm has a market capitalization of $28.25 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 1-year low of $43.11 and a 1-year high of $46.86.

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.