62,023 Fidelity Total Bond ETF $FBND Shares Purchased by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC lifted its stake in Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,047,605 shares of the company’s stock after purchasing an additional 62,023 shares during the quarter. Fidelity Total Bond ETF accounts for approximately 1.9% of Valeo Financial Advisors LLC’s holdings, making the stock its 15th biggest position. Valeo Financial Advisors LLC owned approximately 0.32% of Fidelity Total Bond ETF worth $83,473,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FBND. Plan A Wealth LLC increased its stake in Fidelity Total Bond ETF by 75.8% during the 3rd quarter. Plan A Wealth LLC now owns 44,641 shares of the company’s stock valued at $1,933,000 after purchasing an additional 19,250 shares in the last quarter. Steph & Co. lifted its stake in shares of Fidelity Total Bond ETF by 27.3% in the third quarter. Steph & Co. now owns 316,767 shares of the company’s stock worth $13,716,000 after buying an additional 67,854 shares in the last quarter. KFA Private Wealth Group LLC grew its holdings in shares of Fidelity Total Bond ETF by 7.3% during the third quarter. KFA Private Wealth Group LLC now owns 510,987 shares of the company’s stock valued at $22,126,000 after buying an additional 34,731 shares during the last quarter. Cooper Financial Group grew its holdings in shares of Fidelity Total Bond ETF by 1.5% during the third quarter. Cooper Financial Group now owns 169,041 shares of the company’s stock valued at $7,319,000 after buying an additional 2,449 shares during the last quarter. Finally, Worth Asset Management LLC increased its position in shares of Fidelity Total Bond ETF by 59.1% during the third quarter. Worth Asset Management LLC now owns 58,178 shares of the company’s stock valued at $2,519,000 after acquiring an additional 21,602 shares in the last quarter.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND traded up $0.14 during mid-day trading on Thursday, reaching $43.47. The stock had a trading volume of 3,258,456 shares, compared to its average volume of 3,124,322. The stock has a market cap of $28.02 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. The company has a fifty day moving average price of $44.46 and a 200 day moving average price of $45.15.

About Fidelity Total Bond ETF

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.