Fidelity Total Bond ETF $FBND Shares Bought by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. grew its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 16.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 838,606 shares of the company’s stock after buying an additional 118,991 shares during the period. Avantax Advisory Services Inc. owned 0.20% of Fidelity Total Bond ETF worth $38,366,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Fifth Third Bancorp bought a new stake in Fidelity Total Bond ETF during the 2nd quarter valued at $27,000. Brown Lisle Cummings Inc. acquired a new position in shares of Fidelity Total Bond ETF during the second quarter valued at $38,000. Clarity Asset Management Inc. increased its holdings in shares of Fidelity Total Bond ETF by 285.3% during the first quarter. Clarity Asset Management Inc. now owns 1,364 shares of the company’s stock valued at $62,000 after purchasing an additional 1,010 shares during the period. Creekmur Asset Management LLC bought a new stake in shares of Fidelity Total Bond ETF during the second quarter valued at about $86,000. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in Fidelity Total Bond ETF in the first quarter worth about $92,000.

Fidelity Total Bond ETF Stock Down 0.2%

Shares of FBND opened at $46.25 on Friday. The firm has a market capitalization of $22.10 billion, a PE ratio of 8.94 and a beta of 0.28. Fidelity Total Bond ETF has a 52-week low of $44.30 and a 52-week high of $46.86. The firm has a 50-day moving average price of $46.47 and a 200 day moving average price of $45.84.

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.