Fidelity Total Bond ETF $FBND Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its holdings in Fidelity Total Bond ETF (NYSEARCA:FBND) by 25.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 278,272 shares of the company’s stock after purchasing an additional 56,432 shares during the quarter. Farther Finance Advisors LLC owned 0.06% of Fidelity Total Bond ETF worth $12,867,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FBND. Fifth Third Bancorp acquired a new stake in Fidelity Total Bond ETF in the second quarter valued at approximately $27,000. Caldwell Trust Co purchased a new position in shares of Fidelity Total Bond ETF during the 2nd quarter valued at approximately $34,000. Brown Lisle Cummings Inc. purchased a new position in shares of Fidelity Total Bond ETF during the 2nd quarter valued at approximately $38,000. Darwin Wealth Management LLC acquired a new stake in Fidelity Total Bond ETF in the 2nd quarter valued at $49,000. Finally, Clarity Asset Management Inc. increased its holdings in Fidelity Total Bond ETF by 285.3% in the 1st quarter. Clarity Asset Management Inc. now owns 1,364 shares of the company’s stock worth $62,000 after acquiring an additional 1,010 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

NYSEARCA:FBND opened at $46.26 on Tuesday. The stock 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 fifty-two week low of $44.30 and a fifty-two week high of $46.86. The company has a fifty day moving average of $46.43 and a two-hundred day moving average of $46.06.

Fidelity Total Bond ETF 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.