Clarity Wealth Advisors LLC Purchases 27,096 Shares of Fidelity Total Bond ETF $FBND

Clarity Wealth Advisors LLC boosted its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 17.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 178,977 shares of the company’s stock after purchasing an additional 27,096 shares during the period. Fidelity Total Bond ETF accounts for about 1.8% of Clarity Wealth Advisors LLC’s portfolio, making the stock its 21st biggest holding. Clarity Wealth Advisors LLC’s holdings in Fidelity Total Bond ETF were worth $8,276,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in FBND. McGlone Suttner Wealth Management Inc. lifted its holdings in shares of Fidelity Total Bond ETF by 2.2% during the third quarter. McGlone Suttner Wealth Management Inc. now owns 986,032 shares of the company’s stock worth $45,594,000 after purchasing an additional 21,091 shares during the period. Family Capital Management Inc. lifted its holdings in Fidelity Total Bond ETF by 3.1% during the 2nd quarter. Family Capital Management Inc. now owns 73,066 shares of the company’s stock worth $3,343,000 after buying an additional 2,163 shares during the period. Dynamic Advisor Solutions LLC grew its position in shares of Fidelity Total Bond ETF by 4.5% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 988,443 shares of the company’s stock valued at $45,706,000 after buying an additional 42,304 shares during the last quarter. Weatherly Asset Management L. P. increased its stake in shares of Fidelity Total Bond ETF by 8.6% in the third quarter. Weatherly Asset Management L. P. now owns 840,368 shares of the company’s stock valued at $38,980,000 after buying an additional 66,885 shares during the period. Finally, Beta Wealth Group Inc. raised its position in shares of Fidelity Total Bond ETF by 3.6% during the second quarter. Beta Wealth Group Inc. now owns 62,337 shares of the company’s stock worth $2,852,000 after acquiring an additional 2,195 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

Fidelity Total Bond ETF stock opened at $46.18 on Friday. The stock’s 50 day moving average is $46.30 and its 200 day moving average is $46.14. Fidelity Total Bond ETF has a one year low of $44.30 and a one year high of $46.86. The firm has a market cap of $23.54 billion, a P/E ratio of 8.94 and a beta of 0.28.

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.