17,986 Fidelity Total Bond ETF $FBND Shares Acquired by Fell Capital Management ADV

Fell Capital Management ADV raised its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 20.9% in the third quarter, HoldingsChannel.com reports. The firm owned 103,942 shares of the company’s stock after buying an additional 17,986 shares during the period. Fidelity Total Bond ETF comprises 3.8% of Fell Capital Management ADV’s holdings, making the stock its 5th largest position. Fell Capital Management ADV’s holdings in Fidelity Total Bond ETF were worth $4,501,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. GHP Investment Advisors Inc. acquired a new position in shares of Fidelity Total Bond ETF during the first quarter valued at about $25,000. Community Financial Services Group LLC acquired a new stake in shares of Fidelity Total Bond ETF in the 2nd quarter worth about $32,000. Maryland Capital Advisors Inc. bought a new position in Fidelity Total Bond ETF in the 2nd quarter valued at about $37,000. Manning & Napier Advisors LLC acquired a new position in Fidelity Total Bond ETF during the 1st quarter valued at about $53,000. Finally, Sound Income Strategies LLC boosted its stake in Fidelity Total Bond ETF by 180.6% during the 1st quarter. Sound Income Strategies LLC now owns 1,316 shares of the company’s stock valued at $60,000 after purchasing an additional 847 shares during the last quarter.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $43.45 on Friday. The firm has a market capitalization of $28.01 billion, a P/E ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52 week low of $43.11 and a 52 week high of $46.86. The stock has a 50 day moving average price of $44.41 and a two-hundred day moving average price of $45.12.

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.