Courier Capital LLC Increases Stock Holdings in Fidelity Total Bond ETF $FBND

Courier Capital LLC boosted its holdings in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 274,015 shares of the company’s stock after buying an additional 11,604 shares during the period. Fidelity Total Bond ETF makes up 0.7% of Courier Capital LLC’s holdings, making the stock its 29th largest position. Courier Capital LLC owned approximately 0.06% of Fidelity Total Bond ETF worth $12,670,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in FBND. GWN Securities Inc. grew its stake in shares of Fidelity Total Bond ETF by 1.3% during the third quarter. GWN Securities Inc. now owns 21,992 shares of the company’s stock worth $1,017,000 after acquiring an additional 277 shares during the last quarter. Insight Wealth Strategies LLC grew its position in Fidelity Total Bond ETF by 1.6% during the 3rd quarter. Insight Wealth Strategies LLC now owns 17,535 shares of the company’s stock worth $811,000 after purchasing an additional 281 shares during the last quarter. Barnes Dennig Private Wealth Management LLC increased its stake in Fidelity Total Bond ETF by 8.9% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 3,508 shares of the company’s stock valued at $162,000 after purchasing an additional 288 shares in the last quarter. Cedar Point Capital Partners LLC raised its holdings in shares of Fidelity Total Bond ETF by 1.4% in the third quarter. Cedar Point Capital Partners LLC now owns 21,005 shares of the company’s stock worth $971,000 after buying an additional 292 shares during the last quarter. Finally, AssuredPartners Investment Advisors LLC lifted its stake in shares of Fidelity Total Bond ETF by 1.8% during the third quarter. AssuredPartners Investment Advisors LLC now owns 17,722 shares of the company’s stock worth $819,000 after buying an additional 311 shares during the period.

Fidelity Total Bond ETF Price Performance

NYSEARCA FBND opened at $46.11 on Monday. The stock’s fifty day moving average price is $46.28 and its 200 day moving average price is $46.16. Fidelity Total Bond ETF has a 1 year low of $44.30 and a 1 year high of $46.86. The company has a market cap of $23.81 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.