Fidelity Total Bond ETF (NYSEARCA:FBND) Shares Bought by Riverpoint Wealth Management Holdings LLC

Riverpoint Wealth Management Holdings LLC raised its position in Fidelity Total Bond ETF (NYSEARCA:FBND) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 277,563 shares of the company’s stock after acquiring an additional 10,861 shares during the quarter. Fidelity Total Bond ETF accounts for about 3.8% of Riverpoint Wealth Management Holdings LLC’s investment portfolio, making the stock its 8th largest holding. Riverpoint Wealth Management Holdings LLC owned approximately 0.29% of Fidelity Total Bond ETF worth $12,779,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. grew its position in shares of Fidelity Total Bond ETF by 15.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,720 shares of the company’s stock worth $79,000 after buying an additional 228 shares in the last quarter. Ancora Advisors LLC boosted its holdings in Fidelity Total Bond ETF by 0.6% in the third quarter. Ancora Advisors LLC now owns 44,261 shares of the company’s stock worth $1,928,000 after purchasing an additional 268 shares during the period. Financial Advocates Investment Management boosted its holdings in Fidelity Total Bond ETF by 6.5% in the third quarter. Financial Advocates Investment Management now owns 5,813 shares of the company’s stock worth $253,000 after purchasing an additional 353 shares during the period. Private Trust Co. NA boosted its holdings in Fidelity Total Bond ETF by 51.2% in the fourth quarter. Private Trust Co. NA now owns 1,616 shares of the company’s stock worth $74,000 after purchasing an additional 547 shares during the period. Finally, Financial Management Professionals Inc. acquired a new position in Fidelity Total Bond ETF in the fourth quarter worth $25,000.

Fidelity Total Bond ETF Trading Up 0.2 %

Fidelity Total Bond ETF stock traded up $0.09 during mid-day trading on Wednesday, reaching $44.15. The company’s stock had a trading volume of 1,463,583 shares, compared to its average volume of 1,299,128. The firm has a market cap of $8.75 billion, a price-to-earnings ratio of 8.76 and a beta of 0.15. Fidelity Total Bond ETF has a twelve month low of $42.45 and a twelve month high of $46.34. The business has a 50 day moving average price of $44.91 and a 200-day moving average price of $44.84.

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.