Fidelity Total Bond ETF (NYSEARCA:FBND) Stock Position Increased by LPF Advisors LLC

LPF Advisors LLC grew its stake in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 2.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 219,404 shares of the company’s stock after acquiring an additional 5,276 shares during the quarter. Fidelity Total Bond ETF comprises about 10.0% of LPF Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. LPF Advisors LLC owned 0.11% of Fidelity Total Bond ETF worth $9,941,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Wheelhouse Advisory Group LLC boosted its holdings in shares of Fidelity Total Bond ETF by 1.8% during the 1st quarter. Wheelhouse Advisory Group LLC now owns 12,517 shares of the company’s stock valued at $567,000 after acquiring an additional 227 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Fidelity Total Bond ETF by 15.3% in 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 during the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of Fidelity Total Bond ETF by 5.5% in the first quarter. Arkadios Wealth Advisors now owns 6,244 shares of the company’s stock worth $283,000 after buying an additional 323 shares during the last quarter. CGN Advisors LLC boosted its holdings in shares of Fidelity Total Bond ETF by 3.0% in the first quarter. CGN Advisors LLC now owns 11,462 shares of the company’s stock worth $519,000 after buying an additional 336 shares during the last quarter. Finally, FinTrust Capital Advisors LLC boosted its holdings in shares of Fidelity Total Bond ETF by 7.5% in the first quarter. FinTrust Capital Advisors LLC now owns 5,675 shares of the company’s stock worth $257,000 after buying an additional 394 shares during the last quarter.

Fidelity Total Bond ETF Price Performance

Shares of FBND traded up $0.10 on Friday, reaching $45.64. The company’s stock had a trading volume of 836,831 shares, compared to its average volume of 1,236,214. Fidelity Total Bond ETF has a 12-month low of $42.45 and a 12-month high of $46.21. The stock has a market capitalization of $9.11 billion, a P/E ratio of 8.85 and a beta of 0.19. The stock’s 50 day simple moving average is $45.05 and its two-hundred day simple moving average is $45.13.

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.