Fidelity Total Bond ETF $FBND Shares Bought by Lineweaver Wealth Advisors LLC

Lineweaver Wealth Advisors LLC raised its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 3.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 934,473 shares of the company’s stock after buying an additional 30,654 shares during the period. Fidelity Total Bond ETF comprises about 4.7% of Lineweaver Wealth Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Lineweaver Wealth Advisors LLC owned 0.14% of Fidelity Total Bond ETF worth $40,463,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of FBND. Signature Equity Partners LLC increased its stake in shares of Fidelity Total Bond ETF by 5.4% in the first quarter. Signature Equity Partners LLC now owns 4,739 shares of the company’s stock worth $216,000 after acquiring an additional 244 shares during the last quarter. Insight Advisors LLC PA boosted its position in 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 valued at $821,000 after purchasing an additional 291 shares during the last quarter. Archer Investment Corp boosted its position in Fidelity Total Bond ETF by 17.2% during the first quarter. Archer Investment Corp now owns 2,216 shares of the company’s stock valued at $101,000 after purchasing an additional 325 shares during the last quarter. Breakwater Capital Group boosted its position in 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 purchasing an additional 327 shares during the last quarter. Finally, CGN Advisors LLC grew its stake in Fidelity Total Bond ETF by 1.9% in the second quarter. CGN Advisors LLC now owns 18,717 shares of the company’s stock valued at $851,000 after purchasing an additional 342 shares in the last quarter.

Fidelity Total Bond ETF Trading Up 0.1%

NYSEARCA FBND traded up $0.05 on Tuesday, reaching $43.52. The stock had a trading volume of 4,972,731 shares, compared to its average volume of 3,158,939. Fidelity Total Bond ETF has a 1 year low of $43.11 and a 1 year high of $46.86. The business has a 50 day moving average price of $44.38 and a 200 day moving average price of $45.10. The company has a market capitalization of $28.06 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28.

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.